Tata stock to buy: Nuvama bets on unique tech-telecom play, sees 28% upside
A quarterly results development with market-wide reach.
· Business Today Mkts
The brokerage said the stock currently trades at 8 times estimated FY28 EV/Ebitda and that it remains positive on the scrip as a unique tech-telecom play.
Key facts
- Period
- FY28
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Why it matters
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- Sector exposure: Telecom & Media.
In this story
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