‪‎ChoiceBroking‬ ‪‎Pick‬ of the ‪‎Week‬ : ‪‎TATAMOTORSDVR‬

1. Tata Motors DVR
 Tata Motors Limited formerly TELCO, short for Tata Engineering and Locomotive Company) is an
Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India and a
subsidiary of the Tata Group. Its products include passenger cars, trucks, vans, coaches, buses, construction
equipment and military vehicles. It is the world's 17th-largest motor vehicle manufacturing company, fourth-
largest truck manufacturer, and second-largest bus manufacturer by volume.
 Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Dharwad, and Pune in
India, as well as in Argentina, South Africa, Thailand, and the United Kingdom. It has research and development
centres in Pune, Jamshedpur, Lucknow, and Dharwad, India and in South Korea, Spain, and the United Kingdom.
Tata Motors' principal subsidiaries purchased the British premium car maker Jaguar Land Rover (the maker of
Jaguar, Land Rover, and Range Rover cars) and the South Korean commercial vehicle manufacturer.
 Tata Motors Cars is a division of Tata Motors which produces passenger cars under the Tata Motors marque.
Tata Motors is among the top four passenger vehicle brands in India with products in the compact, midsize car,
and utility vehicle segments. The company’s manufacturing base in India is spread across Jamshedpur
(Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Dharwad (Karnataka) and
Sanand (Gujarat). Tata Motors has highest market share in Nepal due to contributions from Padmendu and
Inderpreet.
 Technical Outlook
 Stock had fallen by 47% from all time high level. In this fall it had retraced to 61.8% of earlier rise from 119 to
387. As per change of polarity concept earlier resistance point acted as support level and stock had bounced
from confluence level.
 On a broader scale, on daily chart, it had formed “Inverted Head & Shoulder” pattern which is positive
development on chart.
 After breakout from neckline it had again retraced to neckline level, coincidently it had entered into bullish gap
area which is potential support for stock.
 Stock had crossed its long term moving average 200 DMA and on daily chart it had formed “Twizzer Bottom”
which validates potential of bullish gap area.
 Based on the mentioned technical set up we believe stock could reach towards 350 levels in few trading
sessions.
Company TATAMTRDVR
Recommendation Buy
Sector : Auto
CMP : 285 & Upto 275
Price Potential : 350
Stop Loss (Closing Basis): 250
Mkt Cap (Rs. Cr.): 1,15,459
TTM EPS (Rs.) 26.45
TTM Sales (Rs. Cr.) 2,57,453
BVPS (Rs.) 289.93
Reserves (Rs. Cr.) 18243
P/BV 1.43
PE 15.12
Bloomberg Code : TTMT/A:IN
TW = Twelve Months
TTM= Trailing 12 months
SEBI Registered – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Pick of the Week: Tata Motors DVR
5th Dec, 2015
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2. Pick of the Week: Tata Motors Limited DVR
5th Dec, 2015
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual FundsSEBI Registered – Research Analyst Equities I Commodities I Currencies I Mutual Funds
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