New Year Picks: Motilal Oswal Sees 3 Tata Stocks Offering Upside Potential, Initiates Buy
Tata Chemicals, and Tata Consumer Products Ltd ( TCPL) has acquired 23 .3% additional shares of South Africa based Joekels Tea Packers for Rs 43.65 crore through a step down subsidiary.
Check key takeaways below: 1. Buy Tata Chemicals
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 declared consolidated total income for the quarter ended September 30, 2022 at Rs 4,299 crore, up 6 %.
2. Buy Tata Motors
Tata Motors is R iss 528 1, 28 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's 52- week high Rs,.
The stock has a consolidated total income for the quarter ended September 30, 2022 at Rs 80,649 crore, up 10%.
The company has given maximum return of 122% in last 3- years.
3. Buy Tata Consumer Products Ltd
Tata Consumer Products Ltd 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 Rs 71,663.96 crore.
Disclaimer
The stocks have been picked from the brokerage report of Motilal Oswal.
Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article.
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By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt