Share price of Tata Consumer Products Ltd. rises as Nifty weakens

Shares of Tata Consumer Products Ltd. gained 4.21 per cent to Rs 505.15 in Friday's trade as of 10:20AM (IST).

The stock hit a high price of Rs 509.45 and low of Rs 482.75 during the session.

The return on equity (ROE) for the stock stood at 3.33 per cent. Traded volume on the counter stood at 10:20AM shares and turnover at Rs 17.66 crore around that time.


The stock of Tata Consumer Products Ltd. quoted a 52-week high and 52-week low prices of Rs 509.45 and Rs 214.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.98.

Promotor/FII Holding
Promoters held 34.68 per cent stake in the company as of 30-Jun-2020, while foreign investors held 19.48 per cent and domestic institutional investors had 13.42 per cent.

Key Financials
The company reported consolidated sales of Rs 2713.91 crore for the quarter ended 30-Jun-2020, up 12.84 per cent from previous quarter's Rs 2405.03 crore and up 43.05 per cent from the year-ago quarter's Rs 1897.13 crore.

Net profit after tax for the latest quarter stood at Rs 327.56 crore, up 161.36 per cent from the same quarter a year ago.