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ICICI Securities: Inflation In Tea Prices - A Transitory Impact

The surge in tea prices during the July-September period is likely to impact margins of Tata Consumer Products in the near term.

An employees holds a sample of black tea inside the factory at the Simulbari Tea Estate in Darjeeling district, West Bengal, India (Photographer Sanjit Das/Bloomberg)
An employees holds a sample of black tea inside the factory at the Simulbari Tea Estate in Darjeeling district, West Bengal, India (Photographer Sanjit Das/Bloomberg)
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