Buy Tata Motors, says Manav Chopra

Written By Unknown on Kamis, 26 September 2013 | 16.02

Sep 26, 2013, 02.29 PM IST

According to Manav Chopra of Nirmal Bang Securities, one may buy Tata Motors.

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Buy Tata Motors, says Manav Chopra

According to Manav Chopra of Nirmal Bang Securities, one may buy Tata Motors.

Like this story, share it with millions of investors on M3

Buy Tata Motors, says Manav Chopra

According to Manav Chopra of Nirmal Bang Securities, one may buy Tata Motors.

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Manav Chopra of Nirmal Bang Securities told CNBC-TV18, "One may buy Tata Motors with a stoploss at Rs 330 and target of Rs 380."

At 14:17 hrs Tata Motors was quoting at Rs 345, up Rs 2.20, or 0.64 percent.

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 87.54. 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 5.8. The dividend yield of the company was 0.58 percent.



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