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Tata Consumer Products overtakes Marico in m-cap; stock scales fresh peak

Since July 1, shares of Tata Consumer Products have surged an impressive 41 per cent, BSE data shows.

Topics
Buzzing stocks | Marico | Markets

Swati Verma  |  New Delhi 

share market
For the quarter ended June 2020, Tata Consumer Products reported an 81.78 per cent year-on-year (YoY) rise in its net profit at Rs 345.55 crore.

Shares of Tata Consumer Products rallied nearly 5 per cent to hit a fresh record high of Rs 542.90 apiece on the BSE on Thursday. With today's rally, the company surpassed the fast-moving consumer goods (FMCG) major in terms of market capitalisation (m-cap).

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First Published: Thu, August 13 2020. 14:11 IST
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