 "All eyes on execution after strong rally in Tata Consumer Products’ stock")
The stock of Tata Consumer Products (TCPL), which has seen a strong re-rating after the demerger of Tata Chemicals’ food business last year, continues to witness investor support amid robust growth potential.
The stock has gained 27.5 per cent in the past month, outperforming the Nifty FMCG index, which has risen 1.5 per cent during the period. It has risen 135 per cent since March 23 lows. Consumers’ preference for branded staples and aggressive distribution expansion are two key factors improving TCPL’s growth visibility.
While the pandemic has made the survival of many small and unorganised players difficult, it is
