Kotak Equities upgraded Tata Motors stock to ‘Add’ from ‘Reduce’ earlier and raised the target to ₹950 per share from ₹800 earlier.
Tata Motors share price has rallied over 11% in the last one month and more than 44% in three months. The stock has doubled investors’ money in one year as it surged over 110% during the period.
At 9:20 am, Tata Motors shares were trading 6.88% higher at ₹939.25 apiece on the BSE.
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