Tata Motors share price target 2024: Tata Motors Executive Director Girish Wagh believes that the commercial vehicle segment after the proposed demerger of Tata Motors will become more capitalize and agile on the opportunities available globally, according to PTI report.
In March 2024, Tata Motors announced its plan to demerger its business into two separate listed entities - passenger and commercial vehicles.
Tata Motors share price target 2024 Kotak Institutional Equities in its May 31 report has recommended 'add' to Tata Motors stocks at the current market price of Rs 924 apiece.
Tata Motors share price Tata Motors stock settled at Rs 922.85 apiece with a decline of 0.14% on BSE, June 02, against the previous day close at Rs 924.15 apiece.
Tata Motors market cap Tata Motors has a market cap Rs 3.06 lakh crore as per BSE analysis.
Authored by : Varun Yadav Updated Jun 2, 2024 | 07:01 PM IST Photo : ET Now Digital Tata Motors to demerge its business into commercial and passenger segments.
Tata Motors share price target 2024: Tata Motors Executive Director Girish Wagh believes that the commercial vehicle segment after the proposed demerger of Tata Motors will become more capitalize and agile on the opportunities available globally, according to PTI report. In March 2024, Tata Motors announced its plan to demerger its business into two separate listed entities - passenger and commercial vehicles. It would take around 12-18 months to complete the process.
Wagh in a message to shareholders in the auto major's annual report for 2023-24 noted "Looking ahead, I expect FY25 to be yet another exciting year for the CV industry, given the favourable macroeconomic context, especially in the domestic market."
With the anticipation of demerger of Tata Motors group in two separate listed entities, what should investors do at this stage? Should they buy or sell the stocks of Tata Motors? Let's see what the brokerage firm has a say on it.
Tata Motors share price target 2024 Kotak Institutional Equities in its May 31 report has recommended 'add' to Tata Motors stocks at the current market price of Rs 924 apiece. The brokerage firm remains bullish on the stocks with a target price of Rs 1,100 apiece with an upside of 19%.
Tata Motors share price Tata Motors stock settled at Rs 922.85 apiece with a decline of 0.14% on BSE, June 02, against the previous day close at Rs 924.15 apiece. The scrip opened at Rs 930.90 apiece, reaching a high of Rs 937.40 apiece and a low of Rs 920 apiece.
Tata Motors market cap Tata Motors has a market cap Rs 3.06 lakh crore as per BSE analysis. The stock has a face value of Rs 2 each. The stock's 52-week movement indicates a high of Rs 1,065.60 apiece and a low of Rs 522.80 apiece.
Tata Motors group has both passenger and commercial vehicle businesses. The passenger vehicle segment includes Tata cars and Jaguar and Land Rover business, whereas Commercial segment caters all commercial vehicles such as trucks, pickups, etc.
