The rise in TCPL’s share is courtesy of the underperformance of key heavyweights of the group like Tata Consultancy Services (TCS), Trent and Tata Motors, in the recent past.
Tata Consumer Products now has a market capitalisation of ₹1.1 lakh crore, and contributes to 4.2% of Tata Group’s overall market capitalisation of ₹27 lakh crore. This is higher than the 3.8% share it had when the stock had hit a record high of ₹1,254 apiece in March last year.
Despite the recent underperformance, TCS continues to be the dominant contributor to Tata Group’s market capitalisation, with a 45% share. Titan follows with an 11% share, while Tata Motors and Trent follow suit with a share of 8.6% and 7% respectively.
Tata Consumer Products has emerged as the second-based performing Tata Group stock in 2025, only behind Benaras Hotels, gaining as much as 23% so far in 2025, even as the group’s market value has declined by 13% during the same period.
Besides the two names highlighted above, only Titan and Tata Steel are the other Tata Group stocks that have managed to generate positive returns so far in 2025.
On the flip side, shares of TCS—long considered the group’s cash cow—have dropped 17% since January. Tata Motors and Trent have also corrected sharply, falling 15% and 25% respectively during the same period.
Earlier this month, Goldman Sachs upgraded Tata Consumer to a “Buy” from its earlier rating of “neutral” and raised its price target on the stock to ₹1,200.
The brokerage had cited several tailwinds, including recovery in tea margins through price hikes, strong innovation and distribution gains in growth segments, and lower interest costs as acquisition-related debt is paid down. “We raise FY26/27 EPS estimates by 3% and 7%, respectively,” it noted in a client report.
Tata Consumer is scheduled to announce its March quarter results later this week. Bloomberg consensus estimates project a net profit of ₹326 crore, down from ₹368 crore in the same quarter last year, while revenue is expected to rise 16% to ₹4,560 crore.
Out of the 30 analysts that cover the stock, 25 of them have a “buy” rating, four say “hold”, while one has a “sell” rating.
Shares of Tata Consumer Products ended little changed at ₹1,121 on Monday.
