For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

ICICI Direct Initiates Buy Call On Multibagger Tata Group Stock, Target Price Rs 422

ICICI Direct has assigned buy call to the Tata Group stock, Tata Motors Ltd with a target price of Rs 422 apiece. The company has a market capitalisation of Rs 1,35,258.59 crore. If you buy the stock at its current market price of Rs 407 apiece, it can fetch you a potential return of up to 4%.

1. Tata Motors Stock Outlook

1. Tata Motors Stock Outlook

The current market price of Tata Motors Ltd is Rs 407 apiece with an intraday gain of 1.41%. The stock's 52-week high is Rs 536 apiece and 52-week low is Rs 366 apiece, respectively.

2. Tata Motors Market Capitalisation

2. Tata Motors Market Capitalisation

The company has a market capitalisation of Rs 1,35,258.59 crore as of writing the story.

3. Tata Motors Return In 5-Years

3. Tata Motors Return In 5-Years

The stock has declined 3% in the last 5 years. It has given a return of 201% in last 3 years and fallen 18% in last 1 year.

4. Tata Motors Latest Quarterly Result

4. Tata Motors Latest Quarterly Result

The large cap company has declared a consolidated total income of Rs 72,822 crore, down 8% from last quarter total income of Rs 79,341 crore. It declared a net profit after tax in negative at 4,987 crore.

5. Tata Motors About

5. Tata Motors About

Tata Motors Ltd. is one among India's largest automobile manufacturers, with a footprint in commercial cars, sports utility vehicles, trucks, buses and defence vehicles. The company operates in two major segments-Automotive Operations and Other Operations. Tata Motors was established in 1945 as part of the Tata Group and is headquartered in Mumbai, Maharashtra.

Tata Motors has an international presence and it operates in more than 125 countries where it caters to customer needs from passenger to commercial vehicles. The company's Automotive Operations operates in four sub-segments-Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. 

Disclaimer

Disclaimer

The stock has been picked from the brokerage report of ICICI Direct. 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.

 

Story first published: Tuesday, October 25, 2022, 10:27 [IST]

Advertisement

Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X