ICRA upgrades rating of Tata Consumer Products Ltd

ICRA has upgraded the rating for the Long Term instruments to ICRA AAA (Stable outlook) from ICRA AA+ (Stable outlook) and reaffirmed the rating for the Short Term instruments at ICRA A1+.

Shares of Tata Consumer Products Ltd (formerly Tata Global Beverages Limited) was last trading in BSE at Rs.598.25 as compared to the previous close of Rs. 602.65. The total number of shares traded during the day was 153992 in over 4836 trades.

The stock hit an intraday high of Rs. 607 and intraday low of 593.35. The net turnover during the day was Rs. 91998233.

Source : Equity Bulls

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