Tata Consumer shares jump 3% after Q1 results. Here’s why Nomura, Motilal see strong upside potential

Tata Consumer Products (TATACONSUM) shares rose 3 percent after Q1 FY27 results showed revenue from operations up 11.9 percent year-on-year to Rs 5,349 crore, with total expenses rising 11 percent to Rs 4,829 crore. Brokerages including Nomura (target Rs 1,475), Motilal Oswal (target Rs 1,500), JM Financial (target Rs 1,225), and Nuvama (target Rs 1,435) maintained Buy ratings, citing strong growth in the Growth businesses portfolio (Tata Sampann up 58 percent, Capital Foods up 40 percent), calibrated price hikes in tea and salt, and management guidance for 50-70 basis points EBITDA margin expansion in FY27.