The Economic Times

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 Capital and Systematix see varying upside potential in the stock.