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Tata Consumer Products shares rise 7% to all-time high on upbeat revenue forecast
Brokerages remained positive on the Tata group FMCG firm's outlook, citing volume-led growth, improving distribution and expansion in emerging channels.
Stocks to watch today: Coforge, L&T, M&M, KEC International, Ajanta Pharma in focus on May 6
Stocks in focus include Bajaj Auto, Brigade Enterprises, Blue Star, Godrej Consumer Products, Hexaware Technologies, Meesho, One 97 Communications, Shree Cement, Radico Khaitan, Raymond Lifestyle, Dhara Rail Projects, KRM Ayurveda, Macobs Technologies, Odyssey Technologies, Stylam Industries.
Live: Banking stocks fuel Nifty above 24,500; Uncertainty persists on US-Iran talks | Closing Bell
Indian markets ended lower, dragged by weakness in IT stocks. The BSE Sensex slipped over 650 points, while the Nifty 50 fell below 24,450. HCL Technologies led the decline, logging its sharpest fall in 11 years after weak guidance, pulling down peers like Infosys and TCS. Despite the headline fall, market breadth remained positive with broader markets outperforming, as smallcaps extended gains for a second straight session. Financials were under pressure, with ICICI Bank and HDFC Bank slipping. On the upside, stocks like Tata Consumer Products, NTPC and Hindustan Unilever emerged as key gainers.
Buy Tata Consumer Products; target of Rs 1450: Motilal Oswal
Motilal Oswal is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 1450 in its research report dated May 10, 2026.