Reasons

Market continuous to falls 2nd day Still TATA motor share have witnessed strong buying interest on Friday morning deal.

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TATA motor has reported strong quarterly result ended December 2022 after gap of seven quarters also tata motor has reported better than estimated Q3 results with improved margins

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today tata motor share price opened with upside gap & went to intraday high of 453.40 level.

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The company reported consolidated revenue from operations at Rs 88,488.59 crore, up 22.5% as against Rs 72.229 crore from the year-ago period.

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Its arm Jaguar Land Rover Automotive Plc (JLR) reported a strong 28% growth in revenue to 6.04 billion pound sterling,

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Tata motor standalone net profit for 3rd quarter jumped nearly 3-fold to Rs. 506.19 crore & revenue increased 28% YoY to Rs. 15,794 crores.

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ICICI Direct upgraded TATA Motors stock from hold to buy with a target price of Rs 530, which signals an upside potential of 19% from current market price.

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Reasons

Why tata motor share Surge over 8 % despite weakness in market?

Market continuous to falls 2nd day Still TATA motor share have witnessed strong buying interest on Friday morning deal.

TATA motor has reported strong quarterly result ended December 2022 after gap of seven quarters also tata motor has reported better than estimated Q3 results with improved margins

today tata motor share price opened with upside gap & went to intraday high of 453.40 level.

today tata motor share price opened with upside gap & went to intraday high of 453.40 level.

The company reported consolidated revenue from operations at Rs 88,488.59 crore, up 22.5% as against Rs 72.229 crore from the year-ago period.

Its arm Jaguar Land Rover Automotive Plc (JLR) reported a strong 28% growth in revenue to 6.04 billion pound sterling,

Tata motor standalone net profit for 3rd quarter jumped nearly 3-fold to Rs. 506.19 crore & revenue increased 28% YoY to Rs. 15,794 crores.

ICICI Direct upgraded TATA Motors stock from hold to buy with a target price of Rs 530, which signals an upside potential of 19% from current market price.