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    Buy Tata Motors, target price Rs 400: Motilal Oswal

    Synopsis

    Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 102647.31 Crore) operating in Auto sector.

    Promoters held 46.4 per cent stake in the company as of March 31, 2021, while FIIs held 13.8 per cent, DIIs 12.1 per cent and public and others 27.8 per cent.
    Motilal Oswal has buy call on with a target price of Rs 400. The current market price of Tata Motors is Rs 309.55. Time period given by analyst is one year when Tata Motors price can reach defined target.

    Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 102647.31 Crore) operating in Auto sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 89319.34 Crore, up 16.96 % from last quarter Total Income of Rs 76365.79 Crore and up 41.65 % from last year same quarter Total Income of Rs 63057.43 Crore. Company reported net profit after tax of Rs -7510.85 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 46.4 per cent stake in the company as of March 31, 2021, while FIIs held 13.8 per cent, DIIs 12.1 per cent and public and others 27.8 per cent.
    (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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