Tata Motors share price target: Is it the right time to buy Tata Motors shares? | Buy, sell or hold?
Tata Motors share price target: Is it the right time to buy Tata Motors shares? Post quarterly results of Mumbai-headquartered Tata group auto giant Tata Motors for January-March period, brokerages have revised their take on the Tata group company stock. Check out Tata Motors share price target:
Image: Reuters and others
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
Tata Motors shares: Buy, sell or hold?
Jefferies has continued with a 'buy' rating on the auto major—whose popular passenger cars include Nexon, Punch, and Tiago. The brokerage has raised the target to Rs 1,250 from Rs 1,100 earlier.
Jefferies on Tata Motors
The brokerage has maintained a positive outlook on Tata Motors given the strong business cycle at JLR, product launch in India passenger vehicle business in 2HFY25 and strong deleveraging.
Tata Motors share price target
Morgan Stanley has downgraded Tata Motors to 'equal-weight' from the 'overweight' call but has increased the target price to Rs 1100 from Rs 1013.
Tata Motors shares: Should you buy, sell or hold?
JPMorgan has maintained an 'overweight' view on the counter with a raised target of Rs 1,115 from Rs 1,050.
Is it a good time to invest in Tata Motors stock?
Goldman Sachs has double downgraded the stock to 'neutral' from the earlier 'buy' call and has slashed the target to Rs 1,040 from Rs 1,080 earlier.
Nomura has maintained a buy call on Tata Motors with a target of Rs 1,057.
Is it right time to invest in Tata Motors stock?
CLSA has retained an outperform call with a raised target of Rs 1,181 from Rs 1,133.
Tata Motors share price today
Tata Motors share price today
Shares of Tata Motors on Monday tanked more than 9 per cent after the company's March quarter earnings failed to cheer investors. The stock plunged 9.44 per cent to Rs 948 share on the BSE.
Tata Motors Q4 results
Tata Motors Q4 results
Tata Motors on Friday reported a consolidated net profit of Rs 17,407.2 crore for the January-March period. The net profit was up 3.2 times on a year-on-year basis. Read more on Tata Motors Q4 results
Tata Motors dividend
Tata Motors dividend
Tata Motors's board recommended "a final dividend of Rs 3 per Ordinary Share and Rs 3.10 per A Ordinary Share and a special dividend of Rs 3 per Ordinary Share and Rs 3.10 per A Ordinary Share subject to approval by the shareholders".