Brokerage Houses like Jefferies, Goldman Sachs, and Nomura are bullish on Tata Motors and recommended BUY ratings with up to 25% upside targets, after Q3 results beat the estimates and recommended BUY ratings with up to 35% upside targets. 

Tata Motors reported a total Revenue from Operations of Rs.88,488.59 crores rose 22.5% YoY. It was Rs.72,229.29 crores in Q3 last year. 

Tata Motors reported a consolidated Net profit of Rs. 2,957.71 crores. There was a loss of Rs.1,516.14 crores in Q3 last year. 

Company back to profit after 7 quarters to Rs.2.957.71 crores, beats the street estimates.

Jefferies has maintained BUY recommendation with a 35% upside target of Rs 565 on Tata Motors. 

Goldman Sachs has recommended Neutral recommendation with a 144% upside target of Rs 480 on Tata Motors. 

Nomura has maintained BUY recommendation with a 21% upside target of Rs 508 on Tata Motors. 

Disclaimer: The views and investment suggestions expressed on Admotg Finance are not those of the website or its management. These reports are taken from the research reports of brokerage houses. Admotg Finance advises users to check with certified experts before taking any investment decision.