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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