TATA Power has already announced its Q4 results and TATA Motors are set to announce it quarterly results on 10th May. Check share price target given by brokerages and experts for both TATA group stocks.
Tata Power on Wednesday posted an 11 per cent rise in its consolidated net profit to Rs 1,046 crore in the March quarter compared to the year-ago period mainly on the back of higher revenues.
Tata Power Q4 Results
The consolidated profit stood at Rs 939 crore in the quarter ended on March 31, 2023, a BSE filing showed. Total income of the company rose to Rs 16.463.94 crore in the quarter from Rs 13,325.30 crore in the same period a year ago.
The consolidated net profit in the fiscal year 2023-24 rose to a record Rs 4,280 crore from Rs 3,810 crore in the year-ago period, the company said in a statement. Total income increased to Rs 63,272.32 crore in FY24 from Rs 56,547.10 crore in 2022-23.
TATA Power Share Price Target
CLSA has maintained a ‘sell’ call on the Tata group stock with a target of Rs 297
Goldman Sachs has maintained a ‘sell’ stance on the Tata fir with its target of Rs 240.
Tata Motors Q4 Results 2024 Date and Time
Tata Motors, in the exchange filing, has said that the company’s board at the said meeting on Friday, May 10, 2024, will consider and approve the audited financial results of the company for the quarter and year ended March 31, 2024.
“A Meeting of the Board of Directors (the Board) of Tata Motors Limited (the Company) is scheduled to be held on Friday, May 10, 2024 (the Meeting), to: consider and approve the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2024 along with the Reports of the Auditors thereon,” said the company in a regulatory filing on the BSE.
Tata Motors Share Price Target
For Tata Motors, Zee Business expert has placed his target at Rs 1,030 and a stop loss at Rs 998.
(With Inputs From PTI)
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)