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
10-10-2016 Buy 570.00 600.00
N/A
Closed Long (1Y)
10-10-2017

Macquarie maintains outperform on Tata Motors

Macquarie has maintained it's "outperform" rating on Tata Motors for a target of Rs 600. Tata Motors shares trade at 10 times its FY18 estimated earnings. Its operating margins to get a boost from pound depreciation. We expect new models to drive strong growth for JLR.

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