Tata group stocks surge up to 15%; here’s why

Motilal Oswal is positive on Tata Motors with a target price of Rs 542. NSEBSETata CoffeeLoading data…

    ADD TO PORTFOLIO

    ADD TO WATCHLIST

    SHARE YOUR OULOOK

    EXPAND

    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata Global Beverage…Loading data…

      ADD TO PORTFOLIO

      ADD TO WATCHLIST

      SHARE YOUR OULOOK

      EXPAND

      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESVoltasLoading data…

        ADD TO PORTFOLIO

        ADD TO WATCHLIST

        SHARE YOUR OULOOK

        EXPAND

        ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTitanLoading data…

          ADD TO PORTFOLIO

          ADD TO WATCHLIST

          SHARE YOUR OULOOK

          EXPAND

          ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata SteelLoading data…

            ADD TO PORTFOLIO

            ADD TO WATCHLIST

            SHARE YOUR OULOOK

            EXPAND

            ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata SpongeLoading data…

              ADD TO PORTFOLIO

              ADD TO WATCHLIST

              SHARE YOUR OULOOK

              EXPAND

              ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata MotorsLoading data…

                ADD TO PORTFOLIO

                ADD TO WATCHLIST

                SHARE YOUR OULOOK

                EXPAND

                ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata InvestmentLoading data…

                  ADD TO PORTFOLIO

                  ADD TO WATCHLIST

                  SHARE YOUR OULOOK

                  EXPAND

                  ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESMotilal OswalLoading data…

                    ADD TO PORTFOLIO

                    ADD TO WATCHLIST

                    SHARE YOUR OULOOK

                    EXPAND

                    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESEdelweissLoading data…

                      ADD TO PORTFOLIO

                      ADD TO WATCHLIST

                      SHARE YOUR OULOOK

                      EXPAND

                      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata SpongeTata MotorsTata InvestmentTata Global BeveragesTata CoffeeMotilal OswalEdelweissEXPAND TO VIEW ALL NEW DELHI: Shares of Tata group were trading higher in the morning trade on Tuesday.

                      Tata Coffee advanced as much as 16 per cent after NSE data showed that investor Porinju Veliyath-led Equity Intelligence bought 10 lakh shares in the company at Rs 150. The scrip was trading 10.60 per cent up at Rs 167. Benchmark BSE Sensex was up 181.61 points, or 0.57 per cent, up at 32,063.

                      Shares of Tata Steel jumped 5 per cent to Rs 692 in Tuesday’s trade after the steelmaker finally concluded separation of the British Steel Pension Scheme (BSPS) from Tata Steel UK, with the latter receiving all approvals for its Regulated Apportionment Agreement (RAA) from the pensions regulator. The scrip hit its highest level in more than 6 years. Brokerage firm Edelweiss has ‘Buy’ rating on Tata Steel.

                      Other Tata group stocks such as Tata Motors, Tata Global Beverages, Tata Sponge and Voltas were trading higher by 0.91 per cent, 0.93 per cent, 1.13 per cent and 2.23 per cent, respectively.

                      Auto major Tata Motors hopes to build on the ongoing revival of its domestic commercial vehicles having increased its overall market share by 330 bps to 45.6 per cent in August putting the GST and BS-III ban disruptions behind it. Motilal Oswal is positive on Tata Motors with a target price of Rs 542.

                      Titan and Tata Investment were up 0.36 per cent and 1.03 per cent, respectively.

                      Добавить комментарий