Trending stocks: Tata Consumer Products share price flat in early trade

NEW DELHI: Shares of Tata Consumer Products traded 0.08 per cent down in Monday 's trade at 10:48AM (IST).

Around 898151 shares changed hands on the counter. The stock opened at Rs 315.0 and touched an intraday high and low of Rs 315.0 and Rs 303.05 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 407.25 and a 52-week low of Rs 177.05 .

Walmart-owned Flipkart said it has partnered Tata Consumer Products Ltd under which the latter's distributors will list as marketplace sellers on the e-commerce platform.

Financials
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 28448.30 Crore) operating in FMCG sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 1961.90 Crore, up 6.97 % from last quarter Sales of Rs 1834.06 Crore and up 2.58 % from last year same quarter Sales of Rs 1912.58 Crore. The Company reported net profit after tax of Rs 140.47 Crore in latest quarter.

Tata Consumer Products Ltd. key Products/Revenue Segments include Tea which contributed Rs 3331.70 Crore to Sales Value (97.14 % of Total Sales), Other Operating Revenue which contributed Rs 80.56 Crore to Sales Value (2.34 % of Total Sales), Export Incentives which contributed Rs 17.39 Crore to Sales Value (0.50 % of Total Sales), Sale of services which contributed Rs .01 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 34.43586 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 70.08 and price to book value of 2.33 .