Tata Stocks are one of the most reputable group stocks in the Indian stock market with companies like TCS, Tata Steel, Tata Motors, Tata Power, Titan Company, etc that have created big wealth for the shareholders. However, amid the ongoing market crash, even Tata Group Stocks have been hammered. Here are the three Tata Stocks that are trading near 52-week low:
Voltas
Voltas, incorporated in 1954 as a collaboration between Tata Sons and Volkart Brothers, is an Indian large cap air conditioner company that manufactures home appliances and specializes in air conditioning and cooling technology. It has a market cap of Rs 31,506.84.
Voltas stock is currently trading at the share price of Rs 952.15 with the 52-week low price of Rs 948.30. The stock has declined over -22.87% so far in 2022 YTD and plunged by -42.51% from its 52-week high.
HDFC Securities has given a BUY call for Voltas with a target price of Rs 1,150.00 and ICICI direct has given a ‘HOLD’ call with a target price of 1120.00. Edelweiss is also bullish on Voltas with a target price of Rs 1,246.00.
Voltas’ stocks have been multibagger stocks in the long term and have given a return of over 124.59% in the last 5 years.
Tata Communications
Tata Communications Limited is a largecap company in the telecommunications industry with a market cap of Rs 27,388.50. The company was previously known as Videsh Sanchar Nigam Limited (VSNL) and delivers managed solutions to multinational companies and service providers that include a wide range of communication, data center services, cloud, mobility, & connected network solutions.
Tata Communication stock is currently trading at the share price of Rs 962.15 with the 52-week low price of Rs 947. The stock has declined over -33.54% so far in 2022 YTD and plunged -65.15% from its 52-week high.
On 25 April, ICICI Direct has given a buy call on Tata Communications with a target price of Rs 1,610 with a target period of 12–18 months.
Tata Metaliks
Tata Metaliks Limited is a Tata Group small-cap company that operates in the Pig Iron Industry with a market cap of Rs 2,204.43 Crore. Incorporated in 1990, it is a subsidiary of Tata Steel and a leading producer of high-quality Pig Iron (PI) and Ductile Iron Pipes (DIP).
Tata Metaliks stock is currently trading at the share price of Rs 697.5 with the 52-week low price of Rs 686. The stock has declined over -17.56% so far in 2022 YTD and plunged by -95.68% from its 52-week high.
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