Tata Motors share worth: Cut back Tata Motors, goal worth Rs 398: HDFC Securities

Securities has cut back name on Tata Motors with a goal worth of Rs 398. The present market worth of . is Rs 430.5. Time interval given by analyst is one yr when Ltd. worth can attain outlined goal.

Tata Motors Ltd., integrated within the yr 1945, is a Giant Cap firm (having a market cap of Rs 144183.14 Crore) working in Auto sector.

Tata Motors Ltd. key Merchandise/Income Segments embody Motor Autos, Spare Elements & Others, Miscellaneous Items, Sale of companies and Different Working Income for the yr ending 31-Mar-2022.


For the quarter ended 31-03-2022, the corporate reported a Consolidated Whole Revenue of Rs 79341.61 Crore, up 8.79 % from final quarter Whole Revenue of Rs 72931.86 Crore and down -11.17 % from final yr similar quarter Whole Revenue of Rs 89319.34 Crore. Firm reported internet revenue after tax of Rs -1099.32 Crore in newest quarter.


Funding Rationale
JLR anticipated to publish marginal EBIT loss as a result of adversarial combine and influence from chip scarcity; CV section margins to say no QoQ on rising enter prices

Promoter/FII Holdings
Promoters held 46.4 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 14.45 per cent, DIIs 14.39 per cent.

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