TATA CONSUMER PRODUCT LTD. ( TATACONSUM: NSE ) Important Days For Trading & Investment 15-16 July 2022
Tata Consumer Products LTD is a diversified global business. Tata tea is grown and produced across India on land owned by Tata, where they have little association with the day-to-day management of the plantations themselves.
Tata Consumer Products Ltd. is a drinks manufacturer that operates in three main business areas: Branded Business, Non Branded and others (mostly plantations). Branded products include Tea, Coffee and Water from suppliers including Tetley, Tiffin, Lipton and Bisleri respectively.
The company was founded by Jamsetji Nusserwanji Tata’s son Jehangir Ratanji Tata on October 18, 1962. It’s best known for producing Taj Mahal Tea and Tetley Tea.
Good News :
Tata Consumer Products recently made a lot of progress on all three areas that are important when it comes to distribution, innovation, and supply network redesigning. The company also had a lot of growth in their core tea and salt categories.
Tata Consumer Product is looking good due to following :
- High Piotroski Score – Companies with strong financials
- Effectively using its capital to generate profit – RoCE improving in last 2 years
- Effectively using Shareholders fund – Return on equity (ROE) improving since last 2 year
- Company with Low Debt
- Annual Net Profits improving for last 2 years
