Takeaways From ICICI Securities’ Conversations With Tata Consumer Distributors In Maharashtra
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Tata consumer Products Ltd. is getting aggressive in coffee with the launch of new store keeping units of Rs 2 and Rs 10 under Tata Coffee Grand brand - that's the insight from our conversation with dealers in Maharashtra.
They told us -
1. there have been price hikes in tea portfolio while there were no pricing actions in Tata Salt (except 5% hike in October 2020),
2. demand of packaged tea has been marginally impacted due to price increase but these are transitory issues,
3. consolidation of supply chain with removal of stockist layer is largely complete,
4. trade margins of distributors were restructured with the consolidation of supply chain.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.