India covid-19 2020 crisis India

Tata Consumer Products’ covid-19 update brings cheer

Reading now: 550
www.livemint.com

The Tata Consumer Products Ltd stock rose by over 4% on Thursday, a day when the Nifty 50 index was marginally down. Not without reason.

The company has released an update on covid-19 impact and has indicated that business is gradually returning to normalcy. Plus, commentary on the international business demand is encouraging.

Since mid-March, Tata Consumer’s India operations saw disruptions owing to the covid-19 crisis. Commenting on the same, the company said operations have started resuming partially since early April.

Initially, it saw a mixed response across channels. In the international business, the company’s factories have been running flat out.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA