Tata Consumer Products rises on expanding wholesome snacking portfolio

Tata Consumer Products is currently trading at Rs. 762.20, up by 5.75 points or 0.76% from its previous closing of Rs. 756.45 on the BSE.

The scrip opened at Rs. 756.45 and has touched a high and low of Rs. 767.75 and Rs. 756.45 respectively. So far 40370 shares were traded on the counter.

Tata Consumer Products
Tata Consumer Products

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 650.75 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 769.90 and Rs. 750.00 respectively. The current market cap of the company is Rs. 70240.67 crore.

The promoters holding in the company stood at 34.72%, while Institutions and Non-Institutions held 39.08% and 26.20% respectively.

Tata Consumer Products has expanded its snacking portfolio with the launch of Tata Soulfull Masala Oats+. Made with the goodness of wholegrain oats, traditional Indian millets such as navane and jowar, desi masalas and real vegetables, Tata Soulfull Masala Oats+ is a crunchy, non-sticky product in taste profiles well suited to the Indian palate. The new offering is in line with TCP’s focus to innovate and add on to Tata Soulfull’s existing portfolio that includes cereals, wholesome snacks, muesli and plant-based protein drinks.

Tata Soulfull is on a journey to make traditional Indian millets relevant to the modern consumers in accessible formats. The brand is looking to expand its snacking footprint with Masala Oats+ with a ‘better-for-you’ offering having 25% Millets which make the Oats non-sticky and crunchy.

Tata Soulfull Masala Oats+ is available in four delicious variants catering to taste preferences of consumers across markets – Mast Masala, Desi Veggie and Tomato Twist in North, East & West markets; and Mast Masala, Desi Veggie and Peppy Curry for the Southern markets. The Tata Soulfull Masala Oats+ is priced at Rs 15 for a 38 g pack and Rs 209 for a 500 g pack respectively.

Tata Consumer Products (formerly known as Tata Global Beverages) is a focused consumer products company uniting the food and beverage interests of the Tata Group under one umbrella.

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