Founded in 1868 by Jamsetji Tata, the Tata Group is one of India’s largest conglomerates, owned by Tata Sons. It is the second-largest business house in India and has the highest number of companies listed on the stock exchange.
The Tata Group includes several industry-leading companies such as TCS, Tata Motors, Tata Steel, and Tata Consumer Products. The group has been guided by visionary leaders, including Jamsetji Tata, JRD Tata, and Ratan Tata, who have played a pivotal role in its management and success.
The group operates over 30 companies across various sectors, making it a key player in the Indian economy and a significant presence globally, with operations in over 100 countries.
Listed below are such Tata Group stock trading at discount at a discount of upto 27%:
Tata Elxsi Ltd
With a market capitalization of Rs. 46,868 crores, the shares of the prominent global design and technology services company started Friday’s trading session on a flatter note at Rs. 7,589 compared to its previous close of Rs. 7,589.90.
During the trading session, the shares hit a low of Rs. 7,451, losing around 1 percent and are currently trading at Rs. 7,530 apiece.
The company hit its 52-week or all-time high in December 2023 at Rs. 9,200 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 18 percent.
Looking at the company’s financial performance, the revenue jumped by around 2 percent from Rs. 906 crores during the March quarter to Rs. 926 crores in the June quarter. On the other hand, the net profits decreased by 7 percent from Rs. 197 crores to Rs. 184 crores during the same period.
Tata Motors Ltd
With a market capitalization of Rs. 3,42,506 crores, the shares of the automobile company started Friday’s trading session on a higher note at Rs. 930 compared to its previous close of Rs. 925.70. During the trading session, the shares hit a low of Rs. 920, losing around 1 percent and are currently trading at Rs. 927 apiece.
The company hit its 52-week or all-time high in July 2024 at Rs. 1,179 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 21 percent.
Coming onto the company’s financial statements, the revenue decreased by around 10 percent from Rs. 119,986 crores during the March quarter to Rs. 108,048 crores in the June quarter. On the other hand, the net profits decreased 68 percent from Rs. 17,529 crores to Rs. 5,692 crores during the same timeframe.
Tata Technologies
With a market capitalization of Rs. 43,224 crores, the shares of global engineering services company started Friday’s trading session on a flatter note at Rs. 1,063.35 compared to its previous close of Rs. 1,063.30.
During the trading session, the shares hit a low of Rs. 1,047.25, losing around 2 percent and are currently trading at Rs. 1,063 apiece.
The company hit its 52-week or all-time high in November 2023 at Rs. 1,400 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 24 percent.
Looking at the company’s financial statements, the revenue decreased by around 2 percent from Rs. 1,301 crores in the March quarter to Rs. 1,269 crores during the June quarter. Contrastingly, the net profits jumped by 3 percent from Rs. 157 crores to Rs. 162 crores during the same time period.
Automobile Corporation Of Goa Ltd
With a market capitalization of Rs. 1,559 crores, the shares of the prominent engineering company started Friday’s trading session on a flatter note at Rs. 2,589.35. During the trading session, the shares hit a low of Rs. 2,529, losing around 3 percent and are currently trading at Rs. 2,560 apiece.
The company hit its 52-week or all-time high in August 2024 at Rs. 3,449 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 26 percent.
Looking at the company’s financial statements, the revenue jumped by 17 percent from Rs. 168.44 crores during the March quarter to Rs. 196.78 crores in the June quarter. In addition, the net profits surged by 65 percent from Rs. 10.91 crores to Rs. 17.92 crores during the same period.
NELCO Ltd
With a market capitalization of Rs. 2,238 crores, the technology company started Friday’s trading session on a higher note at Rs. 1,004.95 compared to its previous close of Rs. 1,001.20. During the trading session, the shares hit a low of Rs. 977.55, losing around 3 percent and are currently trading at Rs. 979 apiece.
The company hit its 52-week or all-time high in September 2024 at Rs. 1,335 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 27 percent.
Coming onto the company’s financial performance, the revenue decreased by around 9 percent from Rs. 81.61 crores during Q4FY24 to Rs. 74.08 crores in Q1FY25. On the other hand, the net profits declined by 25 percent from Rs. 6.10 crores to Rs. 4.56 crores during the same period.
Written By Vaibhav Patil
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