Brokerages in hot pursuit of tata motors
Business Standard Domestic and foreign brokerages have rushed to raise their target prices on the country's largest automobile company Tata Motors after it posted market-beating June earnings. Shares of the company on Tuesday rose nearly six per cent on the previous close to close at Rs 474 apiece. The average 12-month target price on the stock, by Bloomberg consensus estimates, is Rs 528. The increase in the price is as much as 25 per cent.