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Analysts see major upside potential in these 5 Tata Group stocks
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Analysts see major upside potential in these 5 Tata Group stocks

Indian hotels
After the results of Indian Hotels, brokerage house Axis Securities gave a BUY rating. The target price is Rs.800. The stock can see a 16.28% upside from the current price. According to the brokerage, the Tata Group company’s Q2 results were better than expected. Domestic standalone business grew 15.9% on an annual basis.

Father Steel
Axis Securities has given a BUY recommendation on Tata Steel. The target price is Rs 175. The shares can offer a return of 16% from the current price. According to the brokerage report, Tata Steel performed well in the second quarter. Revenue and EBITDA were better than expected. Indian operations remained strong, while the European market declined. The company’s profits increased due to reduced expenses.

Titanium
Prabhudas Lilladher has given a BUY recommendation to Tata Group Titan Company. The target price is Rs 3,670. The stop loss is Rs 2,900. The stock may rise up to 15% from the current price. According to the brokerage, Titan shares saw a good correction from the 3870 area and consolidation was seen at the low of 3130. Due to the cut in customs duties, Titan’s profit fell by 23% in the second quarter.

trent
Axis Securities has recommended BUY on Tata Group Stocks Trent. The target price is Rs 7,450. Shares can show a premium of up to 15% over the current price. According to the brokerage report, it looks strong despite weak consumer sentiment. Revenues increased by 39.6% compared to last year, up to 4,036 million lei in the second quarter. Trent can deliver strong numbers compared to its competitors despite the challenging environment. There is double-digit growth in the fashion format due to store expansion.

Tata Motors
Global brokerage Macquarie has given an outperform rating to Tata Group’s Tata Motors. The price target is set at Rs 1,278. The stock could see a 62% upside from its current price. During the September quarter, both the company’s profit and revenue fell. The brokerage believes that a revival can be seen in the second half.

(Disclaimer: Here the brokerage has advised to buy shares. These are not the views of Zee Business. Consult your advisor before investing.)