Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
179.50
Change Change %
-6.55 -3.52%

Updated:13 Nov, 2018, 15:59 PM IST

BSE
179.80
Change Change %
-6.15 -3.31%

Updated:13 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
04-02-2016 Buy 322.90 460.00
N/A
Target Hit Custom
04-02-2017

CLSA maintains buy on Tata Motors

CLSA has maintained 'buy' call on Tata Motors. However, it has cut target price to Rs 460/share. It says stock offers strong 34 per cent compound annual growth rate in earnings per share. JLR volume growth has picked up. CLSA is cutting FY16-18 calendar year earnings per share by 8-9 per cent. CLSA adds that valuation of Tata Motors is reasonable.

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