Buy Tata Motors, target price Rs 395: Motilal Oswal

0
12
Buy Tata Motors, target price Rs 395:  Motilal Oswal


Motilal Oswal has buy call on with a target price of Rs 395. The current market price of Tata Motors Ltd. is Rs 298.4.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 98878.77 Crore) operating in Auto sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 76365.79 Crore, up 40.99 % from last quarter Total Income of Rs 54163.22 Crore and up 5.22 % from last year same quarter Total Income of Rs 72576.20 Crore. Company reported net profit after tax of Rs 3222.21 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 42.4 per cent stake in the company as of Dec 30, 2020, while FIIs held 16.4 per cent, DIIs 12.3 per cent and public and others 29.4 per cent.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here