Thursday, May 21, 2020

STOCK IDEA: TATA MOTORS

Tata Motors Ltd is India`s largest automobile company. They are the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. The company is the world`s fourth largest truck manufacturer, and the world`s second largest bus manufacturer.

Buy Tata Motors share current share price around 84.00 per share and in my view it will goes to 180.00/- per share with in 3year which will double your invest in three year.

HOW IT WILL GIVE RETURN IN TWO FOLDS:

Tata Motors share price fell to 11-year low today in a weak market on concerns over growing fears of coronavirus across the globe have also dampened sentiment around the stock
But as we all know the pandemic will over and we will in track soon.
And this is right to time to invest in this stock.

Face value Rs.2/- per share

EPS stands 5.94/- per share

Turn over near about 282000 crore per year

Tata motor promoter holds 47.39 % share

Mutual funds holding at 8% near. (favorite stock for almost all MF companies)

Tata motor holds largest Market Capital in this price in automobile industry.

Book value per share is near about 175 per share consolidated
 
Its Current PE is -.98 and the sector PE is 35.98 and current nifty PE is 22.35, Which sense it will grow up to 22% upside from current level.

Its 52 week high mark is 201/- and low is 63/-

Company annual growth rate is 5.02%

The stock has outperformed its peers and currently retraced to its key retracement level on monthly chart. The analyst advises buying at current levels as he expects a bullish continuation formation to emerge and sustain in the medium term.

more about financial ratio: https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tatamotors
 




 

No comments:

Post a Comment

if you have any doubt please let me know .