Tata Motors is a $35 billion global automobile manufacturing company. It is one of India's largest OEMs offering an extensive range of integrated, smart, and e-mobility solutions. It produces passenger cars, trucks, vans, coaches, buses, luxury cars, sports cars, and construction equipment. It was formerly known as Tata Engineering and Locomotive Company (TELCO), the company was founded in 1945 as a manufacturer of locomotives. The first commercial vehicle was manufactured in 1954 in collaboration with Daimler-Benz AG, which ended in 1969. It entered the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata Sierra in 1991. Tata subsequently launched the Tata Estate in the year 1992 which was based on the earlier Tata Mobile. In 1992, it launched Tata Sumo, a 5-door SUV followed by Tata Safari in 1998. In 2008, the company launched the world's most affordable car, Tata Nano. Tata Motors is the parent company of Jaguar Land Rover since the company established it for the acquisition of Jaguar Cars and Land Rover from Ford in 2008. The company has auto manufacturing and vehicle plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, the United Kingdom, and Thailand. It also has research and development centres in Pune, Jamshedpur, Lucknow, and Dharwad, India and South Korea, the United Kingdom, and Spain. The company is listed on the BSE (Bombay Stock Exchange), where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. It is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019. On September 27, 2004, Ratan Tata rang the opening bell at the NYSE to mark the listing of Tata Motors. The company also forays in the Electric vehicle market. Tata Motors unveiled electric versions of the Tata Indica passenger car powered by TM4 electric motors and inverters, as well as the Tata Ace commercial vehicle, both of which run on lithium batteries. In December 2019, Tata Motors unveiled the Nexon EV, an SUV with a 30.2KWh lithium-ion battery. More
Auto industry observers anticipated robust growth in sales across categories, barring the two-wheeler segment, due to pent- up demand and abatement of the semiconductor shortage.
Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units in 2022, Tata Motors said in a statement.
KR Choksey is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 572 in its research report dated January 31, 2023.
Over the past year, consumer companies have been dealing with margin contraction under high raw material cost pressures and lower volume offtake amid inflationary environment
Experts predict a lot of volatility given the Union Budget week, but if the Nifty manages to hold the 50 WEMA, then there are fair chances that the index can easily surpass the 17,800-18,200 zone in the coming days, followed by 18,500
Prabhudas Lilladher is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 520 in its research report dated January 27, 2023.
Emkay Global Financial is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 515 in its research report dated January 26, 2023.
Sharekhan is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 516 in its research report dated January 25, 2023.
The weighted average increase will be 1.2 percent, depending on the variant and model, the car marker said in a statement
The waning impact of semiconductor chip shortage and the softening of raw material prices helped the company race ahead
Sentiment is nervous on Dalal Street with Budget just three sessions away. 17,800 is the key level to watch out for on the Nifty. Tata Motors swings to profit after seven straight quarters. How should one play this stock after its third quarter earnings. Other stocks in focus this morning are Macrotech Developers and CEAT.
Why are oil companies making big investments in renewable energy space – we discuss on the show. Stocks in the spotlight today will be Tata Motors, Dr Reddy’s, Patanjali Foods, Adani Enterprises and DLF.
Tata Motors Q3: Revenue from operations came in at Rs 88,488.59 crore, up 22.51 percent from Rs 72,229.29 crore, YoY.
The Street was expecting the auto major to swing back to black with net profit estimates anywhere between Rs 300-800 crore.
Market forces are expected to drive strong volume and margin growth. The Street expects strong demand growth across categories, thanks to the low-base effect, product launches and an improving economy
The company is expected to post profit after seven quarters. The last time it posted a quarterly profit was in October-December 2020
L&T Technology Services was also in action, rising 3 percent to Rs 3,426 and formed bullish candle on the daily charts with upper shadow, with higher high higher low formation after forming Bullish Engulfing kind of pattern in previous session. The volume remained high for yet another session.
These are the stocks that will possibly be in the spotlight during trading hours on January 25. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade. Check out this curated list of buzzing stocks from the Moneycontrol markets team and why they are in the news.
After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under the Indian law.
Under the partnership, ICICI Bank will provide inventory funding to the authorised passenger EV dealers in addition to the bank's funding to dealers for diesel and petrol models
Citroën is the latest brand to enter the budget EV space with the new ë-C3. Based on the ICE C3 platform, it gets a modestly-sized battery designed primarily for urban, everyday usage. Sitting somewhere between the Tiago EV and the Tata Nexon EV, the ë-C3 enters a very competitive, but sparsely populated space. Can it rattle established EV players like Tata Motors and make a dent in the EV market?
Tata Motors, already the market leader in the EV segment, has big plans to deepen its presence in the EV segment as India transitions to clean mobility.