Tata Group Stocks to Buy: Selling is being seen in the domestic market on Tuesday (26 March) amid weak global signals.
Amidst the slowdown in the market, brokerage firm has made Tata Group’s auto-share Tata Motors (NSE: TATAMOTORS) a short-term technical pick.
The brokerage has advised BUY in this veteran share with a view of 2-3 days. This stock has jumped 5 percent in the last one month.
Tata Motors shares jumped more than 1 percent in early trade.
There is selling in the stock market on Tuesday due to weak global signals. Benchmark indexes Sensex as well as Nifty are highlighted in red.
Sensex dropped by 200 points or more. Nifty is trading lower close to 22000.
There is selling in the banking and FMCG sectors. Whereas support is being received from the auto, metal, and IT sectors. Earlier, on Friday, BSE Sensex had closed at 72,831, up 190 points.
Tata Motors: Profits Are Expected To Be Earned In 2-3 Days
The brokerage house has selected Tata Motors as its technical choice for the next 2-3 days. The goal is set at 1030.
On March 22, 2024, the share price closed at Rs 980. This way an upside of 5-6 percent could be observed in the stock from its current price.
The stock’s 52-week high is 1,065.60 and the low is 400.40.
Tata Motors: How Is The Performance?
The performance of Tata Motors, a heavyweight share of Tata Group, has been tremendous in the last year.
Its price has increased more than 135 percent over the past year. In the past 6 months, this stock has provided investors with a 60 percent return.
It has seen an increase of 37 percent in just three months. It has been unchanged throughout the year.
The market capitalization that the business has on BSE is higher than 3.29 lakh crore.
About Tata Motors Ltd Company
Tata Motors Limited (TML) is a world-class automobile manufacturer that has an extensive portfolio that includes an array of vehicles and SUVs, buses, pickup trucks, trucks, and defense vehicles.
It is a member of the Tata group, which was established by Jamsetji Tata in 1868.
It is one of India’s biggest Original Equipment Manufacturers (OEMs). It provides a wide range of smart, integrated, and e-mobility solutions.
It is a portfolio that includes a wide selection of trucks, sports utility vehicles buses, vehicles, as well as a variety of SUVs, cars buses, trucks, and pickups.
It is made up of four distinct segments that are reported as Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing and others consist of IT-related and insurance brokerage services.
Most of their revenues are made through India.
They are India’s leading automaker and remain at the forefront in defining our Indian commercial vehicle market by introducing cutting-edge powertrains and electric solutions designed to deliver power and comfort for the user at the lowest cost over the lifecycle.
Their brand-new passenger cars and utility vehicles are built in Impact Design and provide an exceptional blend of driveability, performance, and connectivity.
Their commitment to linking aspirations and the tech-enabled product pipeline keeps them on top of the scene.
Fundamental Analysis of Tata Motors Ltd
| Market Cap | ₹ 3,61,001 Cr. |
| Current Price | ₹ 986 |
| 52-wk High | ₹ 1,066 |
| 52-wk Low | ₹ 400 |
| Stock P/E | 17.9 |
| Book Value | ₹ 161 |
| Dividend | 0.20 % |
| ROCE | 5.95 % |
| ROE | 5.62 % |
| Face Value | ₹ 2.00 |
| P/B Value | 6.11 |
| OPM | 13.1 % |
| EPS | ₹ 58.4 |
| Debt | ₹ 1,27,864 Cr. |
| Debt to Equity | 2.38 |
Tata Motors Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹870 | ₹1100 |
| 2025 | ₹1102 | ₹1213 |
| 2026 | ₹1243 | ₹1300 |
| 2027 | ₹1345 | ₹1398 |
| 2028 | ₹1478 | ₹1600 |
| 2029 | ₹1654 | ₹1789 |
| 2030 | ₹1800 | ₹1890 |
Tata Motors Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 46.39% |
| Mar 2023 | 46.39% |
| June 2023 | 46.39% |
| Sept 2023 | 46.38% |
| Dec 2023 | 46.37% |
| FII Holding | |
| Dec 2022 | 13.89% |
| Mar 2023 | 15.34% |
| June 2023 | 17.72% |
| Sept 2023 | 18.40% |
| Dec 2023 | 18.62% |
| DII Holding | |
| Dec 2022 | 15.21% |
| Mar 2023 | 17.69% |
| June 2023 | 17.38% |
| Sept 2023 | 17.37% |
| Dec 2023 | 17.25% |
| Govt. Holding | |
| Dec 2022 | 0.14% |
| Mar 2023 | 0.14% |
| June 2023 | 0.14% |
| Sept 2023 | 0.14% |
| Dec 2023 | 0.14% |
| Public Holding | |
| Dec 2022 | 24.36% |
| Mar 2023 | 20.41% |
| June 2023 | 18.38% |
| Sept 2023 | 17.70% |
| Dec 2023 | 17.60% |
Tata Motors Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 301,938 Cr |
| 2020 | ₹ 261,068 Cr |
| 2021 | ₹ 249,795 Cr |
| 2022 | ₹ 278,454 Cr |
| 2023 | ₹ 423,874 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -28,724 Cr |
| 2020 | ₹ -11,975 Cr |
| 2021 | ₹ -13,395 Cr |
| 2022 | ₹ -11,309 Cr |
| 2023 | ₹ 19,774 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.51 |
| 2020 | 1.58 |
| 2021 | 2.08 |
| 2022 | 3.13 |
| 2023 | 2.77 |
Last 10 Years’ Profit Growth:
| 10 Years: | -13% |
| 5 Years: | -21% |
| 3 Years: | 31% |
| Current Year: | 496 |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 6% |
| 5 Years: | -6% |
| 3 Years: | -4% |
| Last Year: | 6% |
Sales Growth Over 10 Years:
| 10 Years: | 6% |
| 5 Years: | 3% |
| 3 Years: | 10% |
| Current Year: | 33% |
Conclusion
This article is a complete guide about Tata Motors Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
