tata group shares, Tata’s share price forecast to rise; If you want strong returns, keep an eye on ‘this’ share – tata motors share price brokerage tip now target price for strong returns
Earning Opportunity! IPO market crowded even at year-end; Two new shares will be launched in the market
37 percent growth possible in Tata Motors
Sharekhan has a buy recommendation on Tata Motors. Along with this, a target price of Rs 516 per share has been given. Today the share price is trading around Rs.386. Thus, the stock could rise by around 37 percent from the current price. The stock has given a negative return of over 23 percent so far this year. The stock has fallen by around 12 percent in the last one month and the recent fall in the market has also reflected the impact of the stock.
Investors’ money wasted! Tata’s multibagger did poor, the price fell below 90 rupees
Losses narrowed in the second quarter
Tata Motors has narrowed its losses for the July-September 2022 quarter. Tata Motors’ consolidated loss for the September quarter narrowed to Rs 945 crore from Rs 4,441.6 crore in the same quarter last year. Tata Motors consolidated revenue increased by 29.7 percent to Rs 79,611.3 crore. 61,379 crores in the corresponding quarter of the previous financial year. Its commercial vehicle sales rose 15 percent in the September quarter.
Shares of Tata Motors rose today
Tata Motors subsidiary TML CV Mobility Solutions has signed an agreement with Delhi Transport Corp to supply, operate and maintain 1,500 electric buses in the capital city of Delhi for 12 years. Tata Group shares rallied over 2 percent today on the news.
