1:5 Split: Buy Tata Stock For TP Of Rs 1250; 2,000 Shares Bought 1-Yr Ago Gave Rs 1,85,169.5 Profit

Three analysts appear upbeat on Tata Motors shares after its subsidiary firm Jaguar Land Rover (JLR) declared a 20% sales growth year-on-year (YoY). The surge in sales numbers indicates better production and sustained demand, said the company. Sharekhan has recommended buy call with target price of Rs 1188 per share. Macquarie has maintained outperform with target price of Rs 1028 per share, and Profitmart Securities also recommended buying Tata Motors shares with target price of Rs 1200-1250 for a target period of 6-12 months. Current market price of Tata Motors share on BSE is Rs 1023.60 per share with intraday gain of 0.97%. Check details below:

Tata Motors Share Price In 1-Year & How Much Profit You Would Have Earned In 1-Yr: Tata Motors share price was Rs 465.25 on April 12, 2023. Let us assumed if you bought 2000 shares of Tata Motors at Rs 465.25 per share with 1 year return at 119.90%, you would have got a corpus of Rs 11,15,669.5 after an year and a profit of Rs 1,85,169.5.

Tata Motors Share Performance & Return: The 52-week high price of Tata Motors shares on BSE is Rs 1065.60 per share and 52-week low price is Rs 458.50 per share. Today, Tata Motors shares have jumped 123.25% from the 52-week low price. The company has a market capitalisation of Rs 3,41,131.95 crore. Tata Motors shares offered attractive returns to shareholders in last few years. In last 1-year, Tata Motors shares soared 119.90%, gained 133.50% in last 2-years, and surged 256% in last 3-years. In last 5-years, the auto giant rallied 373%.

Brokerages On Tata Motors Share Price Target: Sharekhan has recommended buy on Tata Motors stating, "We maintain a Buy with a revised PT of Rs 1,188 on expectations of continued improvement in JLR, PV and CV business and reduced net automotive debt from current levels. Stock trades at P/E multiple of 14.6x and EV/EBITDA multiple of 5.6x its FY26E estimates."

Avinash Gorakssakar of Profitmart Securities suggests buy call for Tata Motors shares with targets price of Rs 1,200 and Rs 1,250 from a target period of 6-12 months. Meanwhile, Macquarie gave an 'Outperform' rating on Tata Motors with a target price of Rs 1,028 ODD. Despite modestly beating wholesale expectations in JLR Q4FY24, the EBITDA margin might remain flattish quarter-over-quarter due to a 100bps decline in the share of premium models. The analyst feels Tata Motors will successfully accomplish its targeted net debt reduction to less than £1 billion for FY24.

Tata Motors Dividend History: Tata Motors announced 16 dividends since July 3, 2002. In last 12 months, Tata Motors announced an equity dividend of Rs 2.00 per share. At the current share price of Rs 1023.60 per share is taken into perspective, Tata Motors offers a dividend yield of 0.20%.

Tata Motors Stock Split History: Tata Motors split the face value of its shares once since September 12, 2011. Tata Motors last split the face value of its shares from Rs 10 to Rs 2 in 2011.The share traded ex-split from September 12, 2011, according to Trendlyne.

Disclaimer: The stock has been picked from the brokerage report of, Sharekhan, Macquarie, and Profitmart Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.