TATA CONSUMER TO ACQUIRE DANONE'S INDIA BUSINESS FOR ENTRY INTO NUTRITION SEGMENT

is in discussions to acquire Danone SA’s India nutraceuticals and specialised nutrition portfolio. This move forms part of the company's broader strategy to expand it's presence in India’s fast-growing wellness and nutrition market, which is seeing heightened interest due to demographic trends and shifting consumer preferences. , leader in tea products, has now been building a broader wellness ecosystem, largely through acquisitions such as Soulfull, Capital Foods, and Organic India, as well as expanding into protein-rich foods, organic staples, and functional beverages. The stock has seen a 10% correction from it's all time high levels of Rs 1,238 per share, and any bounceback above this level could indicate a bullish momentum for the stock.