Tata Motors Share Value: Purchase Tata Motors, Goal Value Rs 462: Chandan Taparia

Chandan has a purchase name on Tata Motors with a goal value of Rs 462. present market value. 441.6 is Rs. value can attain its goal. Analysts have given its timing as Intra Day.

Tata Motors Restricted, included within the yr 1945, is a Giant Cap firm (having a market cap of Rs 146623.83 Crore) working in Auto sector.

The key product/income segments of Tata Motors Restricted embody gross sales of motor autos, spare elements and different, miscellaneous items, providers and different working income for the yr ended 31-March-2022.

monetary scenario

For the quarter ended 31-03-2022, the corporate reported Consolidated Whole Revenue of Rs.79341.61 crore, up 8.79% from final quarter’s complete revenue of Rs.72931.86 crore and down 11.17% from the identical quarter final yr at Rs.89319.34 crore . Firm has reported Internet Revenue After Tax of Rs -1099.32 Crore in newest quarter.

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funding logic
The inventory moved out of its vary with continued shopping for curiosity and quantity.

Promoter/FII Holdings
Promoters held 46.4 per cent stake within the firm as on 31-March-2022, whereas FIIs held 14.45 per cent, DIIs held 14.39 per cent.

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