Profit

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

NSE
221.85
Change Change %
-1.75 -0.78%

Updated:25 Apr, 2019, 14:39 PM IST

BSE
221.75
Change Change %
-1.95 -0.87%

Updated:25 Apr, 2019, 14:50 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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