Buy Tata Motors, target price Rs 750: Motilal Oswal
Tata Motors with a target price of Rs 750. The current market price of Tata Motors Ltd.
is Rs 650.5.
Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 216963.91 Crore) operating in Auto sector.
Tata Motors Ltd.
key Products/Revenue Segments include Motor Vehicles, Spare Parts & Others, Miscellaneous Goods, Sale of services and Other Operating Revenue for the year ending 31-Mar-2023.
Financials For the quarter ended 30-06-2023, the company reported a Consolidated Total Income of Rs 103596.62 Crore, down -3.64 % from last quarter Total Income of Rs 107509.28 Crore and up 42.26 % from last year same quarter Total Income of Rs 72822.02 Crore.
Company reported net profit after tax of Rs 3089.70 Crore in latest quarter.
Promoter/FII Holdings Promoters held 46.38 per cent stake in the company as of 30-Sep-2023, while FIIs owned 18.4 per cent, DIIs 17.28 per cent.
