# Shares of Tata Consumer Products, Nestle India, Jubilant Foodworks, and Swiggy, were upgraded by brokerage firm CLSA in its latest note on Tuesday.

*business · news · 2026-04-07 · CNBC TV18*

## Key points

- CLSA upgraded Tata Consumer Products, Jubilant Foodworks, and Swiggy to 'outperform' with higher price targets.
- CLSA now prefers food stocks over household and personal care within the FMCG sector.
- CLSA notes that recent input cost increases benefit sector leaders despite GST rate cuts.
- Jubilant Foodworks' muted same store sales growth is attributed to commercial LPG supply constraints.

**Companies:** Tata Consumer Products, Nestle India, Jubilant Foodworks, Swiggy, AB Fashion
**Countries:** India

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/clsa-upgrades-five-consumer-stocks-tata-consumer-jubilant-foods-swiggy-ab-fashion-nestle-share-price-target-valuations-returns-upside-ws-l-19881723.htm)

---

Canonical: https://newsio.io/n/6a8949f6-308e-455b-8c26-2c6853526cba/shares-of-tata-consumer-products-nestle-india-jubilant-foodworks-and-swiggy-were
Summarized by Newsio from CNBC TV18. https://newsio.io/how-it-works