It will become a MULTIBAGGER.

30 nov 2023

FOR LONG TERM INVESTORS

Its a study about future growth of the stock.

As of now at price of 1300 its PE is 84.58 and EPS is 15.37. Which is fairly valued while comparing to its closest peer KPIT TECH.

Now as the company’s profit growth is at 60% CAGR in upcoming 2 years (FY25-26) Its profit will go to somewhere around 2400cr so EPS will be around 80 atleast and at EPS of 80 and PE of 85 its price will be somewhere near 7000 which is almost 6x FOLD from current price.

and if a trustable stock like TATA can 6 fold your money in just 2 years it worths holding it.

Its just a view of only 2 years. how many fold it will bring to your money only holding it for longer can tell you.