Tata Steel target price: Europe could thus potentially slow down expansions in India, Kotak said adding that the brokerage sees it as a key de-rating risk.
Reclusive investor Radhakishan Damani s multi-crore portfolio saw only one stock that gave multibagger returns in the calendar year 2023. Shares of Tata Group retailer Trent, in which Damani owns 1.5% stake, has been the top performing stock in his portfolio with a handsome return of 123% return.
Voltas is starting to fight back for market share and checks suggest double-digit growth for Voltas’s RAC segment (margins remain under pressure), Nuvama said in a recent note.
In the last five years, Titan s stock has more than tripled investors wealth. While the growth has moderated (30%) in the last one year, it still beat the benchmark Nifty, which gained about 7% in the same period.
Tata Technologies generated about 88 per cent of its revenues from the auto vertical in the first half of the ongoing financial year while Tata Elxsi generated 46 per cent of its revenue from the vertical during the same period.