Profit

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

NSE
240.20
Change Change %
-10.15 -4.05%

Updated:24 Sep, 2018, 15:59 PM IST

BSE
240.25
Change Change %
-9.95 -3.98%

Updated:24 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Macquarie
N/A
11-04-2016 Buy 375.50 500.00
N/A
Target Hit Long (1Y)
11-04-2017

Macquarie maintains outperform on Tata Motors

JLR is poised for strong volumes. Expect upcoming SUV models to have better margins. Expect 20 per cent compound annual growth in JLR volumes between FY2016-18. Concerns on operating margins are exaggerated. Stock trades at 8.6 times of FY2017 estimated price earnings multiple.

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