Indian Hotels
After the results of Indian Hotels, brokerage location Axis Securities has fixed a BUY rating. The people terms is Rs 800. The banal tin spot an upside of 16.28 per cent from the existent price. According to the brokerage, the Q2 results of the Tata Group institution person been amended than expected. The standalone home concern has grown by 15.9% connected an yearly basis.
Tata Steel
Axis Securities has fixed a BUY proposal connected Tata Steel. The people terms is Rs 175. The banal tin springiness a instrumentality of 16 per cent from the existent price. According to the brokerage report, Tata Steel performed good successful the 2nd quarter. Revenue and EBITDA were amended than expected. Indian operations remained beardown portion the European marketplace declined. The company's profits accrued owed to debased expenses.
Titan
Prabhudas Lilladher has fixed a BUY proposal connected Tata Group institution Titan Company. The people terms is Rs 3,670. The halt nonaccomplishment is Rs 2,900. The banal tin emergence to 15 per cent from the existent price. According to the brokerage, Titan's banal has seen a bully correction from the 3870 portion and consolidation has been seen astatine the debased of 3130. Due to the simplification successful customs duty, Titan's nett decreased by 23 per cent successful the 2nd quarter.
Trent
Axis Securities has recommended BUY connected Tata Group Stocks Trent. The people terms is Rs 7,450. The banal tin amusement an upside of up to 15 per cent from the existent price. According to the brokerage report, it looks beardown contempt anemic user sentiment. Revenue grew 39.6 per cent YOY to Rs 4,036 crore successful the 2nd quarter. Trent tin present beardown numbers compared to its competitors contempt the challenging environment. There is treble digit maturation successful manner format owed to enlargement successful stores.
Tata Motors
Global brokerage Macquarie has fixed an outperform standing to Tata Group's car institution Tata Motors. The people terms is acceptable astatine Rs 1,278. The banal whitethorn spot an upside of 62 per cent from the existent price. During the September quarter, some the company's nett and income declined. The brokerage believes that a revival tin beryllium seen successful the 2nd half.
(Disclaimer: Here the brokerage has advised to bargain the stock. These are not the views of Zee Business. Consult your advisor earlier investing.)