Tata Consumer upgraded by brokerages on growth outlook

Tata Consumer upgraded by brokerages on growth outlook due to strong volume momentum and improving margins. Analysts highlight Ebitda margin expansion of ~30 bps YoY in recent quarters. Positive outlook driven by rural recovery and pricing power in staples.

📊 STOCKS: $TATACONSUM | 🏢 SECTOR: FMCG | #MEDIUMIMPACT #Upgrade