Tata Motors DVR Share has given more than 65% returns in the last 1 Year. Now, again the Tata Motors DVR Share Price is moving upwards sharply after the news of Tata Motors to convert DVR Share to ordinary.
We will discuss the current Share price of Tata Motors DVR and make some technical and fundamental analysis to decide its targets.
Tata Motors DVR Share Price Chart
As on 26 July 2023, the CMP of Tata Motors DVR Share is 378.85 after a one sided upside rally of 4.29% on previous day i.e, 25 July 2023.
Tata Motors DVR Share Fundamentals
MARKET CAP: ₹ 19,054.73 Cr.
ENTERPRISE VALUE : ₹ 36,512.52 Cr.
NO. OF SHARES: 50.89 Cr.
P/E: 0
P/B: 0
FACE VALUE: ₹ 2
DIV. YIELD: 0 %
BOOK VALUE (TTM): ₹ 0
CASH : ₹ 1,414.65 Cr.
DEBT : ₹ 18,872.44 Cr.
PROMOTER HOLDING: 7.67 %
EPS (TTM): ₹ 0
SALES GROWTH : 39.13%
ROE : 12.90 %
ROCE: 7.81%
PROFIT GROWTH : 256.86 %
Tata Motors DVR Share Price Targets
Before deciding the targets, we want you to be aware that you should always enter into a stock price upon retracement, do not always enter on top.
In case of Tata Motors DVR Share, you can wait for some retracement and if the share price starts to continue in the same trend again then you can enter and the first target for upside is 350.
Since the price is on double top, if any doji type candle is found and breaks the low, you can short for the target 325.
Disclaimer: Share Market Investments are subject to market risks, please consult your financial advisor before investing.
