Tata Consumer Products saw its stock surge by as much as 6.6% on Monday, reaching its highest level in over two years, following analysts’ projections of double-digit revenue growth in fiscal year 2027. By 11:00 a.m. IST, shares of the Tata Group company were trading at ₹1,221.9, making it the leading gainer on the Nifty FMCG index, which was down 0.1%. The company’s stocks were also among the ten that gained value on the Nifty 50 index, which declined by 1.2% after Prime Minister Narendra Modi called for Indians to conserve fuel, limit gold purchases, and restrict international travel due to rising energy prices linked to the Iran conflict.
The stock received an average “buy” rating from 26 analysts, with a median price target set at ₹1,315, according to data from LSEG. The company exceeded quarterly profit expectations for the period ending March 31.
Analysts at CLSA forecast continued growth, driven by an enhanced go-to-market strategy and accelerating growth in emerging sales channels such as e-commerce and quick commerce, which now contribute 34% of its revenue in India. BoB Capital analysts expressed a positive outlook for Tata Consumer, anticipating compound annual growth rates of approximately 10% for sales, 14% for EBITDA, and 18% for earnings from fiscal years 2026 to 2029.
Tata Consumer’s recent performance reflected robust volume-led growth in both its beverage and food sectors within India. Management has projected further margin improvements, aided by decreasing tea costs and an enhanced product mix, according to Systematix analysts.
Published on May 11, 2026.
