Tata Capital gets 2 buy calls on Day 1. Check target prices, valuation and strategy for IPO investors

Tata Capital received buy ratings from Emkay and JM Financial on its first trading day, despite a muted listing at Rs 330, just 1% above the IPO price. Both brokerages set a target of Rs 360, signaling 10% upside. Analysts cited Tata Group parentage, strong brand, and improving financials as key drivers for potential long-term returns.