Tata Motors and a subsidiary of Tata Power entered into a Power Purchase Agreement (PPA) to develop a new 12 MWp on-site solar project at Tata Motors’ Pune manufacturing facility.
Stocks to watch today: Indian stock market is expected to remain sideways on the back of mixed cues from global as well as domestic markets. Adani Enterprises, APL Apollo Tubes, Tata Motors, Ashok Leyland, Titagarh Rail Systems among stocks to watch on Friday (September 1, 2023).
Short-term traders can look to buy the stock for a possible target of Rs 55 in 2-3 months, suggest experts. The S&P BSE 500 stock has a market capitalization of over Rs 8600 crore. It hit a 52-week high of Rs 48.89 on August 7. In terms of price action, the stock is trading above most of the crucial short- and long-term moving averages of 5,10,30,50,100, and 200-DMA on the daily charts.