Tata Consumer Products Ltd.

Tata Consumer Products is currently trading at Rs. 769.50, up by 5.15 points or 0.67% from its previous closing of Rs. 764.35 on the BSE.

The scrip opened at Rs. 771.00 and has touched a high and low of Rs. 771.40 and Rs. 765.00 respectively. So far 25465 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 771.90 on 29-Jun-2021 and a 52 week low of Rs. 392.95 on 03-Jul-2020.

Last one week high and low of the scrip stood at Rs. 771.90 and Rs. 749.50 respectively. The current market cap of the company is Rs. 70816.64 crore.

The promoters holding in the company stood at 34.71%, while Institutions and Non-Institutions held 37.79% and 27.48% respectively.

Tata Consumer Products (TCPL) is planning to work ‘very closely’ with BigBasket, an e-Commerce platform that was recently acquired by the Tata Group, to drive win-win synergies in terms of costs and topline.

The company, which has more than doubled the sales contribution from e-commerce channel to around 6 per cent for domestic market last fiscal, is also focusing on enhancing its direct-to-consumer channel (D2C) approach of selected coffee brands and their specific websites. As part of the strategy, it is bringing 'Eight O'Clock', an America's Original Gourmet Coffee, under D2C besides Tata Coffee 1868 and Sonnets.

Tata Consumer Products (formerly known as Tata Global Beverages) is a focused consumer products company uniting the food and beverage interests of the Tata Group under one umbrella.