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Emkay Global suggests buying Tata Motors shares, setting a target price of Rs 800. Despite a recent share price correction and concerns about US tariffs, Emkay remains optimistic. They highlight Tata Motors’ strong financial turnaround and attractive valuation. While trimming EPS estimates slightly, they maintain a Buy rating. Promoters hold 42.58% stake, FIIs own 18.66%, and DIIs hold 16.
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