ICICI Direct has a purchase name on Tata Motors with a goal worth of Rs 550 . Tata Motors Ltd. , The present market worth of Rs.421.5 is Rs. The time interval given by the analyst is one yr when Tata Motors Ltd. worth can attain its goal.

Tata Motors Restricted, included within the yr 1945, is a Massive Cap firm (having a market cap of Rs 140376.35 Crore) working in Auto sector.

The foremost product/income segments of Tata Motors Restricted embody gross sales of Motor Automobiles, Spare Elements and Others, Miscellaneous Items, Different Working Income and Providers for the yr ended 31-March-2021.

monetary state of affairs

For the quarter ended 31-12-2021, the Firm reported Consolidated Complete Earnings of Rs.72931.86 Crore, up 17.17% from final quarter’s Complete Earnings of Rs.62245.73 Crore and down 4.50% from the corresponding quarter final yr at Rs.76365.79 Crore . Firm has reported Internet Revenue After Tax of Rs -1338.17 Crore in newest quarter.

, Again to advice tales

funding logic

Going ahead, the brokerage believes that JLR could also be adversely affected because of the ongoing geopolitical crises given its manufacturing base in Europe, which depends on Russian oil and gasoline assets for its vitality wants. moderately dependent. Furthermore, the demand sentiment may momentarily put on off within the midst of such instances of uncertainty. At a consolidated degree, as an entity, TML might even see stress on volumes and profitability on account of chip availability considerations and enhance in costs of key commodities, respectively. In consequence, the brokerage revises gross sales and margin estimates going ahead. Nonetheless, it takes consolation from TML’s long-term objective of wholesome profitability, wholesome FCF manufacturing and consequent taping of debt on the B/s. Therefore, the brokerage has retained a purchase ranking on TML with a SOTP primarily based goal worth of Rs 550.

Promoter/FII Holdings
As on 31-December-2021, promoters held 46.4 per cent stake within the firm, whereas FIIs held 14.57 per cent, DIIs 13.64 per cent.

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