Tata Consumer Products shares dropped significantly on Wednesday. This occurred even as the company reported a 38% year-on-year profit jump and 15% revenue increase for the December quarter. Analysts from Morgan Stanley, Motilal Oswal, and JM Financial provided their views on the stock. Their recommendations range from Overweight to Buy and ADD, with varying price targets.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,