tata motors share price, tremendous earning opportunity! This Tata Group share is likely to go up to Rs 521, see what investors should do – tata motors share price what investors should do buy sell or hold know it’s target price
The Tata group’s auto company’s September quarter results showed a narrowing of the company’s losses and a sharp rise in revenue. After this result, most of the brokerage houses are advising to buy new shares of Tata Motors or not to sell the stock. The company’s stock has jumped more than 5 percent in the past one month. Tata Motors has been a multibagger for investors. Investors in the stock have returned more than 142 percent over the past two years, and the stock has fallen nearly 12 percent so far this year.
Meanwhile, shares of Tata Motors closed slightly lower at Rs 432.65 on Tuesday. Tata Motors has returned nearly five percent in a month full of ups and downs. Shares of Tata Motors were priced at Rs 31.73 on January 1, 1999 and have risen 1,263 per cent to Rs 432.65 today. Additionally, the stock has a 52-week high of Rs.528.50 and a 52-week low of Rs.366.20.
Even in mutual funds, ‘Tata’ is the grandfather! A monthly investment of 10 thousand paid lakhs of rupees
Expert opinion on Tata Motors
Global brokerage Nomura has given a buy rating on Tata Motors. Tata Motors has so far proved to be a multibagger for investors and Nomura has set a target price of Rs 521 per share on Tata Motors. On November 27, 2020, the share price was Rs.180.35. Thus, investors have got 142 percent returns in the last two years.
Prior to Nomura, Indian brokerage house Motilal Oswal also retained a buy advisory on Tata Motors. Motilal Oswal has set a target price of Rs 500 on Tata Motors. Tata Motors is a large cap company with a valuation of around Rs 1.45 lakh crore.
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21 out of 31 analysts recommend Buy
Apart from these two brokerage houses, 9 out of 31 analysts recommend an immediate buy on Tata Motors. While 12 are positive about investing in this stock. Apart from this, 8 analysts are recommending Hold to those who own this stock in their portfolios. Also, two analysts are asking to sell the company’s stock and exit.
(Note: Here is information about stock performance only, not investment advice. Consult your advisor before investing in stock market.)
