The smallcap stock bounced back after hitting a low of around 175 in February 2022. The stock remained volatile thereafter but still managed to make higher highs and higher low formations post June 2022. The stock with a market capitalization of more than Rs 2600 cr hit a fresh record high of Rs 313 on 19 August 2022. Technical suggests that the momentum is likely to continue which could take it towards Rs 333 in the next few weeks.
Tata Consumer shares fall 5% as Q4 results fail to impress. What’s the new target price?
Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains
April 24, 2024