CLSA Upgrades 5 Consumer Stocks: Tata Consumer, Jubilant Foodworks, Swiggy Among Them

• CLSA upgraded five consumer stocks, including Tata Consumer Products, Nestle India, Jubilant Foodworks, and Swiggy, citing attractive valuations.
• Tata Consumer Products upgraded to "outperform" with a price target of ₹1,193, implying a 14% upside.
• Jubilant Foodworks upgraded to "outperform" with a price target of ₹520, implying a 13% upside.
• Swiggy upgraded to "outperform" with a price target of ₹357, implying a 32% upside despite being below IPO price.
• AB Fashion upgraded to 'hold' from 'underperform' due to balanced risk-reward, though price target cut to ₹55.

Key Questions Answered

Which consumer stocks could see significant growth next?

CLSA has upgraded Tata Consumer Products, Nestle India, and Jubilant Foodworks, citing attractive valuations and potential upside.

How will input costs affect consumer stock performance?

Rising input costs are expected to lead to price hikes across various consumer sectors, potentially impacting stock performance.

Should investors consider buying these upgraded stocks now?

Investors may consider buying stocks like Kalpataru Ltd, PSP Projects, Bajaj Finance, State Bank of India, Kotak Mahindra Bank, and Bharti Airtel, as brokerages have issued 'BUY' ratings with potentia