{"id":109205,"date":"2023-09-06T18:18:04","date_gmt":"2023-09-06T12:48:04","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109205"},"modified":"2023-09-06T18:18:17","modified_gmt":"2023-09-06T12:48:17","slug":"tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/","title":{"rendered":"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-254644172\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4168608793\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Share price of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TATACONSUM\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Tata Consumer<\/a><\/strong> closed at Rs. 878.90 per piece. The stock gained 4.3% to reach its intra- day high of Rs. 883 levels, 0.1% lower than its 52- week high of Rs. 883.95 levels. The stock has given a return of 17.46% in the last six months and 58.26% in the last three years.<\/p><p>During the market hours, there were talks of Tata Consumers buying a minimum of 51% stake in Haldiram\u2019s which has over 31% market share in the traditional snacks segment in India. Haldiram\u2019s current valuation stands at $10 billion. <\/p><p>However, CNBC TV Report mentions that Tata Consumers Products which is known for its tea manufacturing and selling all around the world has denied the reports and claims to have no intention of acquiring snacks giant Haldiram\u2019s as of now. Haldiram\u2019s have refused to comment on the same.<\/p><div class=\"trade-content_5\" id=\"trade-3781344874\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company has a market capitalization of Rs. 78,751 crore. According to its recent financials, the company saw an increase in its revenue for 3.3% from Rs. 3618.73 crore in Q4FY23 to Rs. 3741.21 crore in Q1FY24. Its net profit rose 17.8% from Rs. 268.59 crore in Q4FY23 to Rs. 316.59 crore in Q1FY24. It has maintained an ROCE of 9.93%. The company has a low debt to equity ratio of 0.07.<\/p><p>Tata Consumer Products Limited is a food and beverages company based in India. It is a part of the Tata Group conglomerate established in the year of 1962. The company is known to be the second largest manufacturer and seller of tea and tea products globally. The company has three major products at the moment which includes Tetley, Tata Salt and Tata Tea.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-971561760\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market. Share price of Tata Consumer closed at Rs. 878.90 per piece. The stock gained 4.3% to reach its intra- day high of Rs. 883 levels, 0.1% lower [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":34117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[11781,948,936,11780,8765,5173],"class_list":["post-109205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-is-tata-consumer-buying-haldirams","tag-stock-market","tag-stock-market-news","tag-tata-consumer-buying-haldirams","tag-tata-consumer-latest-news","tag-tata-consumer-products-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams\" \/>\n<meta property=\"og:description\" content=\"This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-06T12:48:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-06T12:48:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/\",\"url\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/\",\"name\":\"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg\",\"datePublished\":\"2023-09-06T12:48:04+00:00\",\"dateModified\":\"2023-09-06T12:48:17+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams - Trade Brains Features","description":"This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/","og_locale":"en_US","og_type":"article","og_title":"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams","og_description":"This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.","og_url":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-09-06T12:48:04+00:00","article_modified_time":"2023-09-06T12:48:17+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/","url":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/","name":"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg","datePublished":"2023-09-06T12:48:04+00:00","dateModified":"2023-09-06T12:48:17+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"This large cap stock surged nearly 4.3% in the afternoon of Wednesday\u2019s trading session after the rumours about buying a 51% stake in Haldiram\u2019s surfaced in the market.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/tata-22-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-on-speculations-of-company-acquiring-51-stake-in-haldirams\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Tata Group stock jumps 4% on speculations of company acquiring 51% stake in Haldirams"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/109205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=109205"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/109205\/revisions"}],"predecessor-version":[{"id":109206,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/109205\/revisions\/109206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/34117"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=109205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=109205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=109205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}