Tata Consumer Shares Surge Over 6% After Q2 Profit Rises 18%
Tata Consumer Products shares rose more than 6% on Tuesday to lead Nifty 50 gainers after the company reported fiscal second-quarter profit growth of 18%. The report cited better-than-expected earnings, strong revenue growth and higher India volumes.
Tata Consumer Products shares surged over 6 percent on Tuesday, emerging as the top gainer on the Nifty 50 after the FMCG company reported better-than-expected earnings for the fiscal second quarter. Strong revenue growth, higher volumes in its India business and continued momentum in newer categor…