Acquire Tata Motors, target rate Rs 575

Emkay Global has buy call on NSE TataMotors of Rs 575. The existing market value of Tata Motors Ltd. is Rs 445.8. Period given by analyst is one year when Tata Motors Ltd. rate can reach defined target.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap

company (having a market cap of Rs 148561.51 Crore) operating in Car market.

Tata Motors Ltd. crucial Products/Revenue Sectors consist of Motor Cars, Spare Components & Others, Miscellaneous Item, Various Other Operating Income and also Sale of services for the year ending 31-Mar-2021.

For the quarter ended 31-12-2021, the firm reported a Consolidated Total Income of Rs 72931.86 Crore, up 17.17 % from last quarter Complete Revenue of Rs 62245.73 Crore as well as down -4.50 % from in 2015 same quarter Total Earnings of Rs 76365.79 Crore. Firm reported net earnings after tax of Rs -1338.17 Crore in latest quarter.