Emkay Global Financial Services has a buy call on Tata Motors Ltd. with a target price of Rs 550. The current price of Tata Motors is Rs 463.55.
Tata Motors Ltd., incorporated in the year 1945, is a Large-Cap company (with a market cap of Rs 155523.22 Crore) operating in Auto sector.
Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles, Spare Parts & Others, Miscellaneous Goods, Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 62245.73 Crore, down -7.08 per cent from last quarter Total Income of Rs 66988.05 Crore and up 14.92 per cent from last year same quarter Total Income of Rs 54163.22 Crore. Company has reported net profit after tax of Rs -4476.61 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 46.41 per cent stake in the company as of 30-Sep-2021, while FIIs owned 13.35 per cent, DIIs 13.3 per cent.
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