Tata Group Stocks to Buy: If you are looking for a stock with good returns and thinking of earning a good amount, this news may be useful for you. Today we are telling you about two such stocks of Tata Group on which market experts have given their opinion and advised to buy. So let's know about them in detail ...
The market expert who came on the special show of ET Now Swadesh has given his opinion on two shares of Tata. The first is TATA Motors Ltd and the second is Tata Power Company Ltd.
Tata Motors Share Price
Tata Motors shares are seeing a decline on Monday. Tata Motors shares are trading at Rs 976.65 with a decline of 16.35 points (1.65%).
At TATA Motors Ltd.
The market expert who came in the special show of ET Now Swadesh said that Tata Motors is one such stock between Rs 950 and Rs 1000 which I feel is a very cheap stock with dispatch the run right now, because if you see now it is trading at a good price earnings, its earnings are record high. Even if you look at quarterly or annually, it has very good earnings. Apart from this, they have a plan in India in the passenger vehicle segment, to separate the passenger vehicle division and as far as EV is concerned in the passenger vehicle segment, the five vehicles running will become 9 in the next two years. It has a very bright future for the next two to three years. If you want to add gradually or even buy in a lump sum, then Tata Motors is a stock that you can definitely add.
Tata Power Company Share Price
If we talk about Tata Power, its shares saw a rise on the last trading day of the week. On Monday, its shares are trading at Rs 485.20 with a fall of 0.30 points or 0.1 percent. The company's 52-week high is Rs 494.85, while its 52-week low is Rs 230.75.
Tata Power Company Share Price Target: Market Expert's Advice
In a special show of ET Now Swadesh, expert Rajat said on Tata Power that this stock has broken out of a long-term consolidation range and the stock has already come near the record high. I think for those who are seeing a pause and a dip in the intermediate range, this is a buying opportunity, so here you can go long with a stop loss of 455 for a position target of up to 488.
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