Motilal Oswal reiterated a buy on Tata Motors with a December 2025E SOTP-based TP of Rs 750. Company s 2QFY24 results significantly beat brokerage s estimates on consolidated EBITDA and PAT.
The diagnostics player reported a 52.4 percent year-on-year rise in consolidated net profit at Rs 109.3 crore for the July-September quarter of the current financial year
Manish Jain, Fund Manager, Coffee Can PMS, Ambit Asset Management, believes that the Indian market can double in the next 5 years. Don t get swayed by near-term momentum and always aim for long-term wealth creation by investing in quality businesses, Jain advised investors.