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.
is Rs 184.3.
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.
The companys top management includes Dr.Ralf Speth, Mr.Guenter Butschek, Mr.N Chandrasekaran, Mr.N Munjee, Mr.Om Prakash Bhatt, Mr.Ratan N Tata, Mr.Satish Borwankar, Mr.V K Jairath, Ms.Falguni Nayar, Ms.Hanne Birgitte Sorensen.
Company has BSR Co.
LLP as its auditoRs As on 30-09-2018, the company has a total of 2,887,348,694 shares outstanding.