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 a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.
Australian farmers likely to grow more chana for Indian consumers
“The Australian farmers will sow chana till the end of May. India’s decision of removing import duty will encourage them to sow more chana for