This Rekha Rakesh Jhunjhunwala’s large-cap stock hits consecutive 52-week high; do you own it?

The stock has witnessed significant buying activity as it has surged more than 25 per cent in just one year. Moreover, soared by 75 per cent in last 5 years

On June 6, 2023, the shares of Tata motors limited, zoomed by 1.26 per cent to trade at Rs 553 per share on BSE. The stock hits a new 52-week high of Rs 552.35 per share. The 52-week high and low for the stock are Rs 553.35 per share and Rs 375.50 per share, respectively on BSE. 

Tata Motors Group is a world-class vehicle manufacturer. As a subsidiary of the prestigious Tata group, it provides the world with a diversified range of automobiles, sport utility vehicles, trucks, buses, and defense vehicles. 

 The key highlights of Q4FY23(consolidated):     

• Total revenue surged by 35.50 per cent on YoY basis, from last year’s same quarter to Rs 10,750 crore. 
• The EBITDA level stood at Rs 13,114 crore, witnessing a growth of 58.32 per cent from Q4FY22. 
• The net profit of the company showed an amazing jump of 454.03 per cent, from corresponding quarter last year to Rs 5496 crore. 
  
  The key highlights for FY23(consolidated):     

• the total sales of Rs 345,967 crore, up by 24.24 per cent on YoY basis over FY22.     
• The operating profit stood at Rs 31,920 crore, an increase of 29.12 per cent on YoY basis as compared to FY22.   

Rekha Rakesh Jhunjhunwala, a well-known investor, owns 1.5 per cent of Tata Motors Limited. Rekha Rakesh Jhunjhunwala is wife of big bull of Dalal Street. Rakesh Jhunjhunwala is one of the finest stock market investors India has ever seen.

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Furthermore, the company also recommended a divided of Rs 2 per share for share of Rs 2 each. The stock has witnessed significant buying activity as it has surged more than 25 per cent in just one year. Moreover, soared by 75 per cent in last 5 years. Investors should keep an eye on this trending large-cap stock.