Sudarshan Sukhani of s2analytics.com recommends buying Tata Motors for a target of Rs 400.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " Tata Motors has an excellent long term charts. For somebody who is looking to re-build a portfolio should buy it at current prices. There is a pattern target of Rs 400. Whatever time it takes it is a very attractive long term buying opportunity."
On September 05, 2013 Tata Motors closed at Rs 316.65, up Rs 5.40, or 1.73 percent.
The share touched its 52-week high Rs 337.05 and 52-week low Rs 234.80 on 10 January, 2013 and 06 September, 2012, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 3.94 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 80.37. The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company was 5.32. The dividend yield of the company was 0.63 percent.
Set email alert for
ADS BY GOOGLE
video of the day
Pricey pvt bank valuations to shrink; keep cash: Dimensions