INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Tata Motors Ltd
with a target price of Rs 189
The current market price of Tata Motors Ltd
Time period given by the analyst is Intra Day when Tata Motors Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 180
Tata Motors Ltd., incorporated in 1945, is a largecap company with a market cap of Rs 53213.84 crore.
Tata Motors Ltd
key Products/Revenue Segments include Vehicle Mounting which contributed Rs 48018.52 Crore to Sales Value (97.79 % of Total Sales), Other
Operating Revenue which contributed Rs 711.92 Crore to Sales Value (1.44 % of Total Sales), Sale of services which contributed Rs 368.03
Crore to Sales Value (0.74 % of Total Sales) and Income from Vehicle Financing which contributed Rs 1.94 Crore to Sales Value (0.00 % of
Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 71292.79 Crore, up 8.09 % from last quarter Sales of
Rs 65956.78 Crore and up 1.62 % from last year same quarter Sales of Rs 70155.96 Crore Company has reported net profit after tax of Rs
-1095.34 Crore in latest quarter
Tata, Mr.Satish Borwankar, Mr.V K Jairath, Ms.Falguni Nayar, Ms.Hanne Birgitte Sorensen
LLP as its auditoRs As on 30-09-2018, the company has a total of 2,887,348,694 shares outstanding.
