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 Capital and Systematix see varying upside potential in the stock.
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion.