Tata Motors share price hits new 52-week high post Q4FY23-BUY, SELL or HOLD?

Shares of Tata Motors hit a 52-week high of Rs 537.15 apiece on May 15 after the company reported a strong set of numbers for the Q4FY23. For the March quarter, the auto major reported a consolidated profit of Rs 5,408 crore against a loss of Rs 1,033 crore in the year-ago period. It also declared its first dividend in nearly seven years, of Rs 2 per share.