If you are thinking of betting in any stock of Tata company, then there may be news of work for you. Experts are bullish on the shares of Tata Group company Tata Motors and are giving buy advice.
Stock to buy: If you are thinking of betting in any stock of Tata company then you can keep an eye on Tata Motors shares. Emkay Global is bullish on Tata Motors stock and is recommending buy. According to Emkay Global, the shares of Tata Motors can go to Rs 530 in the next one year. Let us know that the latest share price of Tata Motors is Rs 436. Accordingly, a profit of 21.56% can be made by betting now.
This is a large cap company
Tata Motors Limited is a company operating in the Auto sector. Company of the year 1945. The Major Products/Revenue segment of Tata Motors Limited includes sales of Motor Vehicles, Spare Parts and Others, Miscellaneous Goods, Other Operating Revenue and Services for the year ended 31-March-2021. As on 31-March-2022, promoters held 46.4 per cent stake in the company, while FIIs held 14.45 per cent, DIIs held 14.39 per cent.
What is the company's plan?
According to media reports, Tata Motors has set a target of increasing the annual production of electric vehicles (EV) to over 80,000 units in this financial year. Tata said last year that 10 EV models would be launched by March 2026, with an investment of about $2 billion on new vehicle architecture, related technology and infra.
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