Tech Mahindra is currently trading around Rs. 1339 with an ROCE of 12.19% and ROE of 8.84%. Its OPM is around 6.93%. In the coming weeks, it is likely to increase 13% with strong bullish sentiments.
The company is in the business of manufacturing crop protection products, intermediates, as well as specialty chemicals. Its share price is around Rs.554. UPL’s ROCE, ROE, and OPM are 3.72%, -4.83%, and 5.24%, respectively. It has a 9% potential to rise in the coming weeks with the stock surpassing the bearish trendline.
The company has started launching EVs for its flagship cars such as Nexon EV, Tiago EV, etc. Tata Motors has been trading at around Rs.970 with an ROCE of 19.39% and ROE of 36.97%. The company has reported the OPM at 8.72%. It has crossed 50 EMA and has a 14% upside potential.
The company operates in the pharma API and speciality chemicals industry. It is trading around Rs.4544 with an ROCE of 15.26% and an ROE of 11.78%. The company has reported the OPM at 27.60%. It has reflected a bullish crossover with an upside potential of 11%.
The company’s shares are trading at around Rs. 1030 at present with ROCE and ROE of 11.42% and 25.68% while the OPM is noted at 25.68%. The stock has recently shown a strong bullish candle with a potential to rise 12%.