Tata Consumer has been among the stocks that have done well for Nepean Capital, Gautam Trivedi, co-founder, Nepean said in an interview with CNBC-TV18.
“Some of the stocks that have done very well for us have been, for e.g. Tata Consumer and one of the key themes we have in our fund is – looking for stocks that have triggers that have not been impacted in. Of course the trigger could also mean high growth, but Tata Consumer is a classic case where you had a change in the management,” Trivedi said.
“They (Tata Consumer) brought in Sunil D’Souza who has done wonders with Whirlpool; the stock of Whirlpool had gone up 3.5x in 5 year. Sunil D’Souza himself had a fantastic background having worked at Pepsi overseas and also the fact that they were merging consumer businesses of Tata Chemicals into Tata Consumer and this is basically going to be a flagship company for the Tata Group as far as consumer business is concerned and interestingly when we bought it was a midcap and it has now become a largecap,” Trivedi said.