Tata Consumer shares jump 7% after Q4 beat brokers signal big upside ahead

Profit growth surged 21% as India brands powered results

Tata Consumer Products shares jumped around 7% after reporting a better-than-expected Q4, with consolidated net profit up 21% year-on-year. The earnings beat was driven by strong performance in the India-branded business. Brokerages including Morgan Stanley, Motilal Oswal and Elara Capital stayed positive, citing scope for healthy growth, margin expansion and further upside for the FMCG firm.