CK Narayan of Chart Advise has a sell call on Tata Motors Ltd.
with a target price of Rs 183.0 .
The current price of Tata Motors Ltd.
is Rs 192.15 .
CK Narayan recommended to keep a stoploss at Rs 194 .
Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 60250.40 Crore) operating in Auto sector.
Tata Motors Ltd.
key Products/Revenue Segments include Motor Vehicles which contributed Rs 57868.04 Crore to Sales Value (97.05 % of Total Sales), Other Operating Revenue which contributed Rs 1390.36 Crore to Sales Value (2.33 % of Total Sales), Sale of services which contributed Rs 365.17 Crore to Sales Value (0.61 % of Total Sales) and Income From Financial Services which contributed Rs 1.12 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 64763.39 Crore, up 6.47 % from last quarter Sales of Rs 60830.16 Crore and down -9.16 % from last year same quarter Sales of Rs 71292.79 Crore Company has reported net profit after tax of Rs 175.76 Crore in latest quarter.
The companys top management includes Dr.Ralf Speth, Mr.Guenter Butschek, Mr.N Chandrasekaran, Mr.Om Prakash Bhatt, Mr.Ratan N Tata, Ms.Hanne Sorensen, Ms.Vedika Bhandarkar.
Company has BSR - Co.
LLP as its auditoRs As on 31-12-2019, the company has a total of 3,088,972,101 shares outstanding.