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1:2 Split: Tata's Auto Stock Just Rs 95 Away From 52-Week Low, Prices Hike Update; Buy For Rs 900-1100 TP


Published on 2024-12-14 23:20:48 - Goodreturns
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  • Tata Motors has announced a price hike for its commercial vehicles from January 2025. Additionally, the biggest development is Tata Motors demerger ratio of 1:2. That being said, is there a buying opportunity in this Tata stock?

The article from Goodreturns discusses the recent developments concerning Tata Motors, particularly focusing on a 1:2 stock split announced by the company. This split reduces the face value of each share from Rs 2 to Rs 1, making the stock more accessible to retail investors. The stock price of Tata Motors was noted to be Rs 95 away from its 52-week low, indicating a potential buying opportunity. The article highlights that despite a recent price hike in their vehicles, the stock has not reacted negatively, suggesting market confidence. Analysts suggest that investors could consider buying the stock at around Rs 900, with a target price set at Rs 1100, due to the company's strategic moves like the stock split and its performance in the electric vehicle sector. The overall sentiment is optimistic, pointing towards potential growth and value for investors.

Read the Full Goodreturns Article at:
[ https://www.goodreturns.in/personal-finance/1-2-split-tatas-auto-stock-rs-95-away-from-52-week-low-prices-hike-update-buy-for-rs-900-1100-target-1394007.html ]