Tata Consumer Products shines on foraying into honey and preserves category

Tata Consumer Products is currently trading at Rs. 780.60, up by 14.45 points or 1.89% from its previous closing of Rs. 766.15 on the BSE.

The scrip opened at Rs. 766.60 and has touched a high and low of Rs. 783.80 and Rs. 764.00 respectively. So far 39181 shares were traded on the counter.

Tata Consumer Products
Tata Consumer Products

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 650.75 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 783.80 and Rs. 752.25 respectively. The current market cap of the company is Rs. 72125.24 crore.

The promoters holding in the company stood at 34.72%, while Institutions and Non-Institutions held 39.08% and 26.20% respectively.

Tata Consumer Products (TCPL) has forayed into the honey and preserves category by extending its premium water brand Himalayan into the segment.

With this launch, the brand extends its product portfolio into new categories and will be available all India at select premium outlets.

Himalayan preserves are handmade in small batches using Himalayan-origin fruits and sourced from partners committed to helping local communities.

These would be available in five flavours — strawberry, apricot, black cherry, apple cinnamon and three fruit marmalade with no added flavours or preservatives.

Tata Consumer Products (formerly known as Tata Global Beverages) is a focused consumer products company uniting the food and beverage interests of the Tata Group under one umbrella.

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