These Two Shares of Tata Group will Grow Rapidly
Given the high volatility in the stock market, stock market experts have selected two stocks of Tata Group for investment.
This company has had a very good performance in the last several days.
These include shares of Solar Industries and Tata Communications Company. Solar Industries stock target price Share market experts have advised to buy Solar Industries shares.
For this, experts have fixed a target price of Rs 3900 on the stock. And it has been advised to put a stop loss of Rs.3740.
Solar Industries is a company primarily engaged in the defense sector. The company manufactures various types of explosives.
In addition, the company also manufactures warheads for missiles and rockets. The company's stock closed at Rs 3,801.00 on Monday, May 22, 2023, up 0.014 per cent.
Tata Communications target price Market analysts have set a short term target price of Rs 1,260 on Tata Communications Company's stock.
And experts have advised to put a stop loss of Rs.1215. The company's stock closed at Rs 1,230.40 on Monday, May 22, 2023, down 0.23 per cent.
The company operates as a global telecommunications service provider. On Tuesday (May 23, 2023)
The stock was trading at Rs 1,242, up 1.29%. The business outlook of Tata Communications Company is strong.
The company does business with 300 companies in the Fortune 500. The company has partnerships with over 1,600 telecom companies.
The company's net sales in the fourth quarter grew by 7.17 per cent to Rs 4,568 crore. And the net profit of the company was Rs 326 crore.
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