TATA MOTORS
BUY AT: BETWEEN 445 TO 452
TARGET: 465
TIME: 10 TRADING SESSSIONS
ABOUT COMPANY
BUY AT: BETWEEN 445 TO 452
TIME: 10 TRADING SESSSIONS
ABOUT COMPANY
Tata Motors Ltd, is a Large Cap Company incorporated in the year 1945 and the market cap of the company is 153,722,45 Crores and it operates mainly in Auto Sector.
The Key products of Tata Motors include Passenger Car, Automobile-Light, Medium and Heavy Commercial, Jeep which contribute significantly to the revenue of the Company, further it deals with Spare Parts for vehicles, other sales of services.
The year High of Tata Motors is 598.60 and the year low is 218.50, after a long positive rally, Tata Motors has undergone a correction of 10% after the unexpected debacle in its quarterly results due to poor numbers in JLR sales, it found support at 430, which happens to be the Brexit Day low, now for about 3 trading sessions it has been trading above the brexit low, I believe there is a trend reversal on the positive side and for a short term target of around 480 in a few trading sessions,
On Febraury 16 th 2017 the Company has collaborated with Microsoft with a vision to redefine the connected experience for automobile users, the First vehicle with enhanced mechanism is to be unveiled at 87th Geneve International Motor Show on the 7th of March 2017. Tata Motors has very recently launched TAMO, which will act as a open platform to foster innovation through a startup ecosystem and production of vehicle with on the go connectivity. In its first phase, the advanced offerings will incorporate technologies such as Cloud Computing, Analytics, Geo Spatial and Mapping and increase Human Machine interface, it aims at creating new benchmark in the Auto industry space. with all these features to be provided to the customers in near future, Tata Motors places itself as the best among the Auto space companies and we expect it to excel in this Modern world. Tata Motors has been a favourite among the investors for a long time an we have a buy on this gem, for long term investors its always a buy on dip stock, keep adding it.
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