Tata Group Stocks To Buy: 4 Top Tata Stocks Likely To Rally, Brokerages Upbeat

Leading analysts have picked 4 Tata Group stocks showing potential to soar. These stocks are Trent Ltd, Tata Chemicals, Tata Technologies, and Tata Power Co Ltd. Some of these stocks delivered rich returns in last few months thus giving big boost to shareholders' wealth. Check details related to these stocks below:

1. Buy Tata Power Shares: Last trading price of Tata Power Co Ltd shares on BSE is Rs 466.70 per share. Motilal Oswal has recommended buy rating with price target of Rs 530 per share. The 52-week high price of Tata Power shares on BSE is Rs 494.85 apiece and 52-week low price is Rs 230.75 per share. The company's market cap stood at Rs 1,49,126.50 crore. Tata Power shares slipped 3.79% in last 1-week, gained 41% year-to-date and soared 82% in last 1-year. Motilal Oswal suggested buying Tata Power for long term.

The company on September 30 informed that it signed a landmark Memorandum of Understanding (MoU) with the Government of Rajasthan during the ongoing Rising Rajasthan Investor Meet in New Delhi with an investment plan of ~₹1.2 lakh crores.

2. Buy Trent Ltd Shares: Citi assigned buy call to Trent Ltd shares with target price of Rs 9250 per share. The analyst included the stock in its Pan-Asia high-conviction focus list. Trent is well-positioned to scale up its other pilot projects, such as MISBU, Samoh, and its joint venture with MAS, said the analyst.

Last trading price of Trent Ltd shares on BSE is Rs 7361.15 per share. The company's market capitalization is Rs 2,61,679.65 crore. The 52-week high price of Trent shares on BSE is Rs 7939.00 apiece and 52-week low price is Rs 1946.35 per share.

Trent shares slipped 6% in last 1-week, gained 145% year-to-date, and zoomed 264% in last 1-year.
Recently on October 1, Trent informed that it incorporated a wholly owned subsidiary named "Trent Foundation", a not-for-profit, public limited company registered under Section 8 of the Companies Act, 2013.

3. Buy Tata Chemicals Shares: Last trading price of Tata Chemicals shares on BSE is Rs 1129.85 per share. Its market cap stood at Rs 28,783.64 crore. The 52-week high price of Tata Chemicals shares on BSE is Rs 1349.70 per share and 52-week low price is Rs 933.00 per share. Tata Chemicals shares zoomed 10% in last 2-weeks and gained 12% in last 1-year. Tata Chemicals shares slipped 1% in last 2-years.

Axis Direct has recommended buying Tata Chemicals for 5 to 15 days for 1180 per share and keep the stop loss at Rs 1105 per share with entry price at Rs 1135.

4 Buy Tata Technologies Shares: ICICI Securities issued buy recommendations to Tata Technologies shares with target price of Rs 1290 per share. Last trading price of Tata Technologies shares on BSE is Rs 1057.60 per share.The 52-week high price of Tata Technologies shares on BSE is Rs 1400 per share and 52-week low price is Rs 970.55 per share. Its market capitalization stood at Rs 42,903.50 crore. Tata Technologies shares slipped over 5% in last 1-week, and gained over 4% in last 3-months. The stock slipped in red this year and Tata Technologies shares price fell by 10%.

Disclaimer:

The stocks have been picked from the brokerage report of ICICI Securities, CITI, Motilal Oswal, and Axis Direct. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.