Multibagger Auto Stock: Brokerages bullish on Tata Motors - Check targets

The stock of the company declined 4.09 per cent to trade at Rs 1,097.65 apiece on the National Stock Exchange (NSE). On the BSE, the scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece.

Tata Motors has announced its quarterly results and the company's consolidated net profit increased 74 per cent to Rs 5,566 crore in the June 2024 quarter, aided by robust performance by Jaguar Land Rover as well as domestic business.

Tata Motors Share Price Target 2024: Brokerage firm Jefferies has maintained a 'buy' call on Tata Motors and has raised the target to Rs 1,330 from Rs 1250.

Tata Motors Share Price Target 2024: JP Morgan has maintained overweight and has raised the target to Rs 1,250 from Rs 1,115.

Tata Motors Share Price Target 2024: The brokerage firm has maintained neutral but has raised the target to Rs 1,100 from Rs 1,040.

Tata Motors Share Price Target 2024: Nomura has maintained a buy call and has raised the target to Rs 1,303 from Rs 1,294.

Tata Motors Share Price Target 2024: Macquarie has maintained outperform with a target of Rs 1,171.

Tata Motors Share Price Target 2024: The counter has given a return of 76 per cent in one year and a 131 per cent return in two years. So far this year, the scrip has gained around 39 per cent. 

Tata Motors Share Price Target 2024: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.