🚗 Emkay Reiterates ‘Buy’ on Tata Motors, Sets Target Price at ₹800
📌 Key Highlights:
- 💹 Current Price: ₹619.10
- 🎯 Target Price: ₹800 — implies ~29% upside
- 🏢 Company Profile:
- Tata Motors, founded in 1945
- Large Cap | ₹2.29 lakh crore market cap
- Sector: Auto
📊 Why Emkay is Bullish:
- Strong financial turnaround
- Attractive valuation post recent correction
- Resilient outlook despite US tariff concerns
- Slight EPS estimate cut, but Buy rating maintained
👥 Shareholding Pattern:
- 🧑💼 Promoters: 42.58%
- 🌍 Foreign Institutional Investors (FIIs): 18.66%
- 🏦 Domestic Institutional Investors (DIIs): 16%
