Bonds maturing by 2030 have already softened by over 25 basis point beginning of this fiscal year in hope of more rate cuts as inflation has eased, contributing to a significant flattening of the yield curve.
Tata Consumer shares rally over 4% after Q2 results. Why brokerages remain bullish despite target price cuts
Tata Consumer Products reported 16% year-on-year profit growth in Q2FY27, while brokerages retained positive ratings but cut target prices amid inflationary pressures. Jefferies, Nuvama, Elara