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    Buy Tata Motors, target price Rs 390: Motilal Oswal

    Synopsis

    Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 101103.37 Crore) operating in Auto sector.

    Agencies
    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.

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    Motilal Oswal has buy call on with a target price of Rs 390. The current market price of Tata Motors Ltd. is Rs 314.75.

    Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 101103.37 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.
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