BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan Stanley maintains overweight on Tata Motors
Morgan Stanley has maintained 'overweight' on Tata Motors for target of Rs 476/share. It expects growth for JLR for next 2 years and strong JLR volumes trends will continue. Expect margins to expand in FY18 vs FY17 and sees capex rising for next 2 years.