Tata Consumer Products share price rose on Thursday. Offerings by Tata Consumer Products. (Source: Company website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Tata Consumer Products Ltd. share price snapped a five-day losing streak as HSBC initiated coverage on the company with a buy rating. The brokerage has given a target price of Rs 1,340 apiece, which implies an 18% upside from Wednesday's close.

HSBC believes that there will likely recovery in the tea business margin and profitability will improve in the Growth business, which will drive the Ebitda CAGR of 18% over the financial year 2025 and 2028.

The brokerage has forecasted 26% CAGR for the Growth portfolio in the period from financial year 2025 to financial year 2028. This portfolio will contribute 28% to I

See Full Page