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Rakesh Madhav CFA

19th Oct · SEBI-Registered Analyst

TATA CONSUMER – Brewing Strength ☕

Technical View:

TATACONSUM
closed at ₹1,166 (+1.45%), breaking its recent consolidation zone. Sustained move above ₹1,150 confirms bullish breakout; RSI at 66 supports further upside. Resistance: ₹1,180–₹1,220 | Support: ₹1,120–₹1,100. Fundamental View: Expanding portfolio beyond beverages into staples and packaged foods. Integration synergies from Tata Coffee merger and premiumization in core segments. Healthy EBITDA margins (~14%), debt-free balance sheet, strong brand recall. 🎯 Target: ₹1,250 (+7%) 🛑 Stop-Loss: ₹1,110 📊 Bias: Bullish – defensive FMCG play with steady earnings visibility.

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