This Tata FMCG Stock Jumped 40% in a Year

Stock Jumps

Tata Consumer Products' stock is up over 40% in the last year, despite recent profit-taking.

Impressive Rally

From Rs 792 in June 2023 to Rs 1,139 in June 2024, Tata Consumer saw a 43% rise.

Record High and Correction

The stock hit a record high of Rs 1269 in March 2024 but faced selling pressure, pushing it below key averages.

Strong Rebound

Tata Consumer bounced back above the 200-DMA, reclaiming the 50-DMA with strong volumes.

Price Action and Moving Averages

Now trading above key moving averages, the stock shows strong bullish trends.