कंपनी को मिले 2 बड़े ऑर्डर | Tata Motors Share | एक्सपर्ट्स ने स्टॉक पर दिखाया भरोसा

कंपनी को मिले 2 बड़े ऑर्डर | Tata Motors Share | एक्सपर्ट्स ने स्टॉक पर दिखाया भरोसा

Tata Motors stock down 38% from July high; is it a value buy? LKP shares target price
Tata Motors share price: The stock is trading at 11.1 times FY27E consolidated earnings estimates. LKP Securities' target price on the stock suggests nearly 31 per cent upside over Friday's trading price of Rs 742.25.

Shares of Tata Motors Ltd are down about 38 per cent from their July high of Rs 1,179.05. LKP Securities finds the Tata group stock a 'value buy'. It believes the domestic commercial vehicle (CV) demand may pick-up in H2 and said the recent launches are expected to support growth. The domestic brokerage suggested a fresh target price of Rs 970 on the stock, which suggests nearly 31 per cent upside over Friday's trading price of Rs 742.25.

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