Buy Tata Motors, target price Rs 565: BNP Paribas
Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 133583.70 Crore) operating in Auto sector.
Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles, Spare Parts & Others, Miscellaneous Goods, Sale of services and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 72822.02 Crore, down -8.22 % from last quarter Total Income of Rs 79341.61 Crore and up 8.71 % from last year same quarter Total Income of Rs 66988.05 Crore. Company reported net profit after tax of Rs -4987.01 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 46.4 per cent stake in the company as of 30-Jun-2022, while FIIs owned 13.71 per cent, DIIs 15.18 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.