Sell Tata Motors, target Rs 382: Pritesh Mehta

Sell Tata Motors Ltd. at a price target of Rs 382.0 and a stop loss at Rs 411 from entry point.

Pritesh Mehta of IIFL has a sell call on Tata Motors with a target price of Rs 382.

The current market price of Tata Motors is Rs 403.60.

Time period given by the analyst is 'Intra Day' when Tata Motors price can reach defined target.

Pritesh Mehta recommended to keep a stop loss at Rs 411.

Tata Motors, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 1,16,533.39 Crore) operating in Auto sector.

The company’s top management includes Dr.Ralf Speth, Mr.Guenter Butschek, Mr.N Chandrasekaran, Mr.N Munjee, Mr.Om Prakash Bhatt, Mr.Ratan N Tata, Mr.Satish Borwankar, Mr.V K Jairath, Ms.Falguni Nayar, Ms.Hanne Birgitte Sorensen.
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Company has BSR & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 2,887,348,694 shares outstanding.
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