A stock price is defined by its fundamentals, growth rate and financial performance.
When compared to KPIT Tech which opreches in same industry and being Tata tech's closest competitor it has been given PE of 85 while Tata tech is valued 70 which is 15 points lower then
KPIT tech.
As per Q3 result of Tata tech TTM eps is 17.15 and with PE of 85 its current value of stock should be around 1457.
I know a lot of people must thinking about exiting from this stock but its the time when and should acquire as many shares as they can.
You weed to keep it in your mind that companies of Tata group are way more trustable than anything on any other stock listed in the market and consistent growth makes. So all you need is keep buying as much as you can and wait for the market to give it its right valuations and then you'll be rewarded. Keep patience markets are unfair most of the time wait for it to be fair with you.
If you can remember Tata motors it was trading of 80 3 years ago no one raised and it slowly went to around 1000 making it a 10 bagger. So my advice for Tata tech investors is to just accumulate as many quantities as you can and wait for if you will make really good profit.
IN Stock market patience is rewarded.
When compared to KPIT Tech which opreches in same industry and being Tata tech's closest competitor it has been given PE of 85 while Tata tech is valued 70 which is 15 points lower then
KPIT tech.
As per Q3 result of Tata tech TTM eps is 17.15 and with PE of 85 its current value of stock should be around 1457.
I know a lot of people must thinking about exiting from this stock but its the time when and should acquire as many shares as they can.
You weed to keep it in your mind that companies of Tata group are way more trustable than anything on any other stock listed in the market and consistent growth makes. So all you need is keep buying as much as you can and wait for the market to give it its right valuations and then you'll be rewarded. Keep patience markets are unfair most of the time wait for it to be fair with you.
If you can remember Tata motors it was trading of 80 3 years ago no one raised and it slowly went to around 1000 making it a 10 bagger. So my advice for Tata tech investors is to just accumulate as many quantities as you can and wait for if you will make really good profit.
IN Stock market patience is rewarded.