Technical analyst Atul Badkar of Edelweiss Securities is of the view that investors can 'buy' Tata Motors stock with a target between Rs 820-830.

According to analyst, the interested investors can achieve the target with in a period of 1-2 months.

Today, the stock of the company opened at Rs 745 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 882.20 and a low of Rs 265.05 on BSE.

Current EPS & P/E ratio stood at 34.05 and 21.58 respectively.

Tata Motor's Sanand facility will be formally kicked off on June 2 in the company of Gujarat Chief Minister Narendra Modi and Tata Group Chairman Ratan Tata, and after that the car delivery will start from the plant.

The company's facility is said to be fully automated and Tata Motors aims to make one Nano a minute in a year's time.

In addition, the company aims to sell 1 lakh Nanos before 2010 end and 350,000 by the next two years.

Engineers working at Tata Motors could shortly be playing a starring role in producing engines for Jaguar-Land Rover (JLR), the marque models bought in the year 2008, after the British company's heads unwillingly agreed to the austerity measure.

The companies will jointly make a management group drawn from both sides with the aim to merge their knowledge.