Motilal Oswal Sees 3 Tata Stocks Offering Upside Potential, Initiates Buy

1. Buy Tata Chemicals

Motilal Oswal has recommended investors to buy Tata Chemicals with a target price of Rs 1250 apiece. If you buy the stock now, you will get potential 33% return.

The stock’s 52-week high is Rs 1214 apiece and 52-week low is Rs 773 apiece, respectively. The company has a market capitalisation of Rs 23,910 crore.

The stock has given return of 41% in last 3-years and 28% in last 5-years. The mid cap company was incorporated in 1939. It declared consolidated total income for the quarter ended September 30, 2022 at Rs 4,299 crore, up 6%.

2. Buy Tata Motors

The analyst has assigned buy call to Tata Motors with a target price of Rs 500 apiece. If you buy Tata Motors now, you will get 29% return.

The stock’s 52-week high is Rs 528 apiece and 52-week low is Rs 366 apiece, respectively. The company has a market capitalisation of Rs 1,28,899.27 crore. The stock has given maximum return of 122% in last 3-years. The large cap company was incorporated in 1945.

It declared its consolidated total income for the quarter ended September 30, 2022 at Rs 80,649 crore, up 10%.

3. Buy Tata Consumer Products Ltd

The brokerage firm has given buy rating to Tata Consumer Products Ltd with a target price of Rs 880 apiece. If you buy Tata Consumer Products Ltd now, you will get potential return of 14%.

The last trading price of the stock is Rs 771 apiece with an intraday decline of 0.67%. The stock’s 52 week high is Rs 861 apiece and 52-week low is Rs 650 apiece, respectively.

The company has market capitalisation of Rs 71,663.96 crore. The stock has given a return of 138% in last 3-years and 142% in last 5-years, and 5% in last 1-year. The large cap FMCG company was incorporated in 1962 and declared its consolidated total income at Rs 3,392 crore, up .90%.

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