Will Tata Motors bounce back?
Tata Motors, one of the country’s largest automakers, has said that it expects a strong bounce back in passenger vehicle demand over the year, even as the first quarter of this financial year will be adversely impacted due to a variety of factors.
Is Tata Motors good for long term?
Investors are recommended to buy this stock for a long-term target of up to Rs 450. … Rohit Singre, Senior Technical Research Analyst at LKP Securities said, ‘Tata Motors share price looks positive on the chart pattern and it’s bullish till it’s trading above Rs 325 per stock level.
Is Tata Motors a good buy?
It has maintained its ‘Buy’ rating on the stock with target price of ₹400 per share. ICICI Securities said that Tata Motors’ Q1FY22 operational performance was in line with consensus estimates with consolidated EBITDA margin at 7.9%. … The brokerage has a Buy stance on the auto stock with ₹513 target price.
Is Tata Motors debt free?
Tata Motors reaffirms plan to turn debt-free by FY24 despite negative impact of Covid. Tata Motors Ltd, the country’s largest automaker by revenue, will stick to its plan to turn debt-free by FY24 despite its businesses being adversely impacted by the pandemic, chairman Natarajan Chandrasekaran said on Friday.
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Stock Price Forecast
The 32 analysts offering 12-month price forecasts for Tata Motors Ltd have a median target of 24.11, with a high estimate of 34.47 and a low estimate of 10.75. The median estimate represents a +7.60% increase from the last price of 22.41.
Is Tata Motors undervalued?
An Intrinsic Calculation For Tata Motors Limited (NSE:TATAMOTORS) Suggests It’s 23% Undervalued.
Is Tata Motors in debt?
Though Tata Motors managed to reduce its net automotive debt at the consolidated level in FY21, the same ballooned up to Rs 61,300 crore by end of Q1FY22. This was mainly because of the impact of working capital change during the quarter which stood at Rs 16,500 crore.
Does Tata Motors give dividend?
You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for Tata Motors Ltd.
|Rs.0.2000 per share(10%)Dividend|