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RESEARCH REPORT ON STOCKS OF TATA GROUP

December 6, 2022

RESEARCH REPORT ON STOCKS OF TATA GROUP

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INTRODUCTION

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The Tata Group is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India’s largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents. Acknowledged as the founder of the Tata Group, Jamsetji Tata is sometimes referred to as the “father of Indian industry”.

Each Tata company operates independently under the guidance and supervision of its own board of directors and shareholders. Philanthropic trusts control over 66% of the Tata holding company Tata Sons, while the Tata family is a very small shareholder.

The group’s annual revenue for fiscal year 2021–22 was reported to be US$128 billion. There are 29 publicly-listed Tata Group companies with a combined market capitalisation of $311 billion as of March 2022. Significant Tata Group affiliates include Tata Consultancy Services, Tata Consumer Products, Tata Motors, Tata Power, Tata Steel, Voltas, Titan Company, Tanishq, Tata Chemicals, Tata Communications, Trent, Tata Elxsi, Indian Hotels Company, Air India, TajAir, Tata Cliq, Tata Advanced Systems, Tata Capital, Cromā, BigBasket and Tata Starbucks.

Particulars Details
Type Private
Industry Conglomerate
Founded 1868; 154 years ago
Founder Jamsetji Tata
Headquarters Bombay House, Mumbai, Maharashtra, India
Products • Automotive
• Airlines
• Chemicals
• Defence
• FMCG
• Electronics
• Electric utility
• Finance
• Home appliances
• Hospitality
• Information technology
• Retail
• E-commerce
• Real estate
• Salt
• Steel
• Cement
• Tea
• Telecom
Area served Worldwide
Key people Ratan Tata
(Chairman Emeritus)
Natarajan Chandrasekaran
(Chairman & Managing Director)
Revenue US$128 billion (FY 2022)
Number of employees 935,000( FY 2022)

 

 

 

 

 

 

 

 

 

TCS

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Tata Consultancy Services is an IT solution provider.TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development..The company also engagged in the business of Telecom, Retail and Distribution, Banking, Financial Services and Insurance.

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 Technical analysis

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• Buy TCS at 3380 Target 3550,3640 Stop loss 3250

 Ratio analysis

 

 

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TITAN

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Titan Company Limited is an Indian products company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with the Tamil Nadu Industrial Development Corporation (TIDCO), the company has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu.

Titan company commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack. The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment. As of 2022, Titan has a 6% market share in India’s jewellery market. As of 2019, it is also the fifth-largest watch manufacturer in the world. It is most trusted Indian Brand.

For the quarter ended 30-06-2022, the company has reported a Consolidated Total Income of Rs 9,487.00 Crore, up 20.52 % from last quarter Total Income of Rs 7,872.00 Crore and up 169.59 % from last year same quarter Total Income of Rs 3,519.00 Crore. Company has reported net profit after tax of Rs 790.00 Crore in latest quarter.

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 Technical analysis

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• Buy Titan at 2585 Target 2750,2860 Stop loss 2460

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 Ratio analysis

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TATA Motors

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Tata Motors Ltd is India`s largest automobile company. They are the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. The company is the world`s fourth largest truck manufacturer, and the world`s second largest bus manufacturer. The product range of the company includes Passenger Cars: Indica Vista, Indica V2, indica V2 Turbo, Indica V2 Xeta, Indica V2 Dicor.Indigo XL, Indigo, Indigo Marina Indigo CS.Nano.Fiat Cars. Utility Vehicles: Safari Dicor. Sumo Grande. Sumo. Xenon XT. Trucks: Medium & Heavy Comm. Vehicles, Tata Novus. Intermediate Comm. Vehicles. Light Commercial Vehicles, TL 44, Small Commercial Vehicles. Commercial Passenger Carriers: Buses. Winger. Magic. Defence Vehicles.

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 Technical analysis

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• Buy Tata motors at 430 Target 470,500 Stop loss 390

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 Ratio analysis

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TATA Steel

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Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group.
Formerly known as Tata Iron and Steel Company Limited (TISCO), Tata Steel is among the top steel producing companies in the world with an annual crude steel capacity of 34 million tonnes. It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US$19.7 billion in the financial year ending 31 March 2020. It is the second largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after Steel Authority of India Ltd. (SAIL). TATA Steel, along with SAIL and Jindal Steel and Power, are the only 3 Indian steel companies that have captive iron-ore mines, which gives the three companies price advantages.
Tata Steel operates in 26 countries with key operations in India, Netherlands and the United Kingdom, and employs around 80,500 people. Its largest plant (10 MTPA capacity) is located in Jamshedpur, Jharkhand. In 2007, Tata Steel acquired the UK-based steel maker Corus. It was ranked 486th in the 2014 Fortune Global 500 ranking of the world’s biggest corporations. It was the seventh most valuable Indian brand of 2013 according to Brand Finance.

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 Technical analysis

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• Buy Tata steel at 110 Target 117,122 Stop loss 103.50

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 Ratio analysis

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Trent Limited

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Trent Limited (portmanteau of Tata Retail Enterprise) is an Indian retail company, which is part of Tata Group and based out of Mumbai. Started in 1998, Trent operates Westside, a retail fashion chain, and Landmark, a bookstore chain with brick and mortar stores in various locations of India.
• Westside – It offers branded fashion apparel, footwear and accessories for men, women and children, along with home furnishings and decor. It has over 200 retail stores measuring 8,000-34,000 sq. ft. in 82 major Indian cities under the Westside brand.
• Utsa – It is a modern Indian lifestyle destination which offers ethnic apparel,beauty products and accessories. It is present in 7 stores across 5 cities.
• Zudio – It offers affordable fashion for men, women and children. The company has established 290 stores across 70 cities.[4]
• Star – It offers an assortment of products, including staples, beverages, health and beauty products along with offerings in 10 hypermarkets and 26 supermarkets available in eight Indian cities.[5]
• Landmark – It offers curated range of toys, front listed books, stationery and sports merchandise in its 16 stores.
• Booker Wholesale – It operates cash and carry stores which service kirana stores, traders, wholesalers, hotels, restaurants and small businesses.

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 Technical analysis

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• Buy Trent at 1450 Target 1520,1560 Stop loss 1380

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 Ratio analysis

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Voltas Ltd.

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Voltas Ltd is one of the world`s premier engineering solutions providers and project specialists. The business area of the company includes: Electro-Mechanical Projects & Services-Electrical, Mechanical & Refrigeration Solutions. Electrical & Mechanical Solutions (international).Water Management & Treatment. Engineering Products & Services-Textile Machinery. Mining & Construction Equipment. Materials Handling Equipment. Unitary Cooling Products-Air Conditioners. Commercial Refrigeration. Water Coolers & Dispensers.

 

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 Technical analysis

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• Buy Voltas at 850 Target 900.925 Stop loss 803

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 Ratio analysis

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Tata Consumer Products Ltd.

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Tata Global Beverages Ltd has a portfolio of five brands in the domestic market namely Tata Tea,Tetley, Kanan Devan, Chakra Gold and Gemini.Tetley offers customized products to each country ranging from black, green, fruit and herbal teas, iced ready-to-drink teas and an extensive range of exotic speciality tea. It caters to Australian, Middle East, West Asia, North Africa, Poland, Russia and Kazakhstan markets.The company is also into the strawberry preservation business. They offer vocational rehabilitation as well as an additional source of income to elder children.

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 Technical analysis

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• Buy Tata consumer at 795 Target 830,855 Stop loss 760
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 Ratio analysis

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Nelco Ltd.

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Nelco Limited is an India-based company. The Company operates in three segments: automation and control, network systems, and property development. Automation and control consists of sales of security and surveillance products, traction controls, drives, scada, Energy network management and Building management systems. Network systems consist of sales of solution for management of network connectivity, networking services and turnkey communication systems supply and integration. Property development comprises of sales of developed commercial property. Tatanet Services Ltd. (TNSL) is a wholly owned subsidiary of the Company. It holds the licenses for providing the Shared hub very small aperture terminals (VSAT) services.

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 Technical analysis

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• Buy Nelco at 770 Target 810,835 Stop loss 730

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 Ratio analysis

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Tata Elxsi

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Tata Elxsi provides system integration and software development. The company provides hard core technology and strength in design. The company offers end-to end solution across the product lifecycle..The company also in the business segment of Systems Integration and Support, Software Development and Services.

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 Technical analysis

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• Buy Tata Elxsi at 6715 Target 7050,7400 Stop loss 6430

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 Ratio analysis

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Indian Hotels Company Ltd.

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Indian Hotels Company Ltd opened their first hotel Taj Mahal Palace & Tower in Mumbai.In India, the Taj is recognized for their premier hospitality, excellence in dining, business facilities, interiors and world-class personalized service.In cuisine, Taj was the first to introduce Sichuan, Thai, Italian, Mexican, and Californian cuisine into the country.IHCL has also created hotel chains under different brand such as Taj hotels, Taj Safari, Taj Exotica, The Gateway Hotel and Ginger.The company also owns three personal jets under the name Taj Air.
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 Technical analysis

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• Buy The Indian Hotels at 322 Target 348, 365 Stop loss 296

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