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List of Tata Stocks Under Rs.1000

29 April 20246 mins read by Angel One
List of Tata Stocks Under Rs.1000
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Tata Group Overview 

Tata Group is one of the oldest and largest Indian business conglomerates, headquartered in Mumbai. It was founded in 1868 by Jamsetji Tata. Today the Tata Group is an Indian multinational with products and services in 150 countries and operations in more than 100 countries across six continents. On March 31, 2022, the combined market capitalisation of Tata Group was Rs.23.6 trillion. In 2021-22, revenue earned by the group was USD128 billion.

If you think Tata Group stocks are expensive, then think again. You can purchase these hidden Tata Group gems for under Rs.1000 to add to your portfolio. 

Tata stocks you can buy under Rs. 1000

The table below shows Tata stocks under Rs.1000 which you can add to your portfolio.

Sl no. Company Name Market Capitalisation in Rs. crore
1 Automotive Stampings and Assemblies Ltd 621
2 TINPLATE Company of India Ltd 3,234
3 Automobile Corporation of Goa Ltd 582
4 Nelco Ltd 1757
5 Rallis India Ltd 4531

Automotive Stampings and Assemblies Ltd. (ASAL)

The India-based auto component supplier manufactures sheet metal stampings, welded assemblies and modules for automotive industries. The company has four manufacturing units in India with installed capacities for producing a diversified product portfolio, including body-in-white structural panels. Skin panels, fuel tanks, oil sums, suspension parts, and sheet metal components for tractors. In one year, the share price jumped Rs 227.90.

P/E (TTM): 10.04

Industry P/E (TTM): 37.65

TINPLATE Company of India Limited

The company manufactures electrolytic tinplates and packaging solutions for food and non-food products, tin-free steel under the Tata TinPlate brand. The company earned a profit of Rs.353 crores in 2022. 

They are the largest Tinplate manufacturing company with a 75% market share.

P/E (TTM): 12.48

Industry P/E (TTM): 37.65 

Automobile Corporation of Goa Ltd.

It is the first major automobile engineering company in Goa, jointly promoted by Tata Motors and EDC. Tata Motors holds a 48.98% stake in the company. It manufactures pressed parts, components, and sub-assemblies for various automobiles, bus bodies, and components parts for buses. The company’s share price has increased by Rs 272 in one year.

 P/E (TTM): 24.36

Industry P/E (TTM): 38.99 

Nelco Ltd.

Nelco Ltd. is an India-based company providing systems and solutions in very small aperture terminal connectivity and integrated security and surveillance. The company belongs to the Tata Group, with Tata Power holding a 48.64% stake. Investors can buy this Tata stock for under Rs 1000. The company’s stock price has appreciated by Rs 26 in the last year.

P/E (TTM): 100.50

Industry P/E (TTM): NA

Rallis India Ltd. 

The Tata Chemical subsidiary ( 50% stake in the company) is primarily a manufacturer and marketer of agri-inputs. The 150 year old company offers crop protection products, plant growth nutrients, organic compost, and seed processing under Rallis Samrudh Krishi (RSK) initiative.

P/E (TTM): 27.63

Industry P/E (TTM): 13.64

Conclusion

Tata Group stocks are always in high demand. If you are a small investor with a small corpus, you can explore the lesser-known Tata Group companies that have delivered significant returns to investors. If you want to buy these stocks, open a Demat account in minutes with Angel One.

Disclaimer: This blog has been written exclusively for educational purposes. The securities quoted here are only examples and not recommendations.

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