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Tata Motors shares slip 6% after UBS maintains 'sell' with target of Rs 825

With Wednesday's correction, the stock of the automobile company has plunged 17 per cent from its record high level of Rs 1,179.05 on July 30, 2024

Tata Motors shares slip 6% after UBS maintains 'sell' with target of Rs 825
Updated On : 12 Sep 2024 | 12:09 AM IST

JLR unlikely to leverage EV policy for now: Tata Motors on new EV policy

Expects incentives for 4W fleet to continue in FAME III

JLR unlikely to leverage EV policy for now: Tata Motors on new EV policy
Updated On : 02 Aug 2024 | 11:05 PM IST

Tata Motors shares fall 5% after Q1 show; Check reasons, new target prices

The board of the company approved the demerger of the Tata Motors into two separate listed companies. The company revealed that the demerger will conclude in the next 12 to 15 months.

Tata Motors shares fall 5% after Q1 show; Check reasons, new target prices
Updated On : 02 Aug 2024 | 9:49 AM IST

Tata Motors stock snaps 6-day winning streak on weak July 2024 sales

The fall in the share price came on the back of weak sales in July 2024.

Tata Motors stock snaps 6-day winning streak on weak July 2024 sales
Updated On : 01 Aug 2024 | 12:41 PM IST

Tata Motors Q1 Preview: JLR, Indian CV sales may fuel revenue growth

In the past week alone, Tata Motors' stock has climbed 18 per cent following an upgrade from brokerage firm Nomura, which set a 'Buy' rating and a target price of Rs 1,294 per share.

Tata Motors Q1 Preview: JLR, Indian CV sales may fuel revenue growth
Updated On : 31 Jul 2024 | 8:47 AM IST

Nomura upgrades Tata Motors to 'Buy', sees 26% upside; check new target

On the bourses, Tata Motors stocks were buzzing in trade after several brokerages raised the target prices. The stock rallied as much as 3.82 per cent to hit a fresh record high of Rs 1,067 per share.

Nomura upgrades Tata Motors to 'Buy', sees 26% upside; check new target
Updated On : 25 Jul 2024 | 10:40 AM IST

JLR to licence Freelander to develop EVs on Chinese JV partner's platform

Tata Motors-owned Jaguar Land Rover on Wednesday said it has signed a letter of intent with its Chinese joint venture partner Chery to license the Freelander brand to their JV for development of electric vehicles in China. Under the proposed new licensing agreement, CJLR -- a 50/50 joint venture of Jaguar Land Rover Ltd and Chery Automobile Company Ltd - - will pivot to produce an advanced portfolio of electric vehicles based on Chery's EV architecture, exclusively under the Freelander name, the company said in a statement. JLR's Freelander brand was a Land Rover vehicle which was produced between 1997-2015. It was succeeded by the Discovery Sport in 2016. "In reborn CJLR form, Freelander will offer a range of mainstream electric vehicles, initially sold in China through a distinct network but over time destined for global export," the statement said. The vehicles will be designed in collaboration with both Chery and JLR's creative teams to create a new positioning in the rapidly .

JLR to licence Freelander to develop EVs on Chinese JV partner's platform
Updated On : 19 Jun 2024 | 11:37 PM IST

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

The presentation also highlighted that Jaguar Land Rover (JLR) is on course to achieve net debt-free status in the financial year 2025 (FY25)

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows
Updated On : 11 Jun 2024 | 12:24 PM IST

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months

Tata Motors' May JLR UK sales zoomed 29 per cent on a year-on-year (Y-o-Y) basis to 6,093 units, as opposed to 4,732 units in May last year

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months
Updated On : 05 Jun 2024 | 2:24 PM IST

Demerger to help commercial vehicle biz capitalise globally: Tata Motors

The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata Motors Executive Director Girish Wagh. In march this year, Tata Motors announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. As part of the initiative, the commercial vehicle (CV) business and its related investments would be housed in one entity, while the passenger vehicle (PV) business, including electric vehicles (EVs), Jaguar Land Rover (JLR) and its related investments, will come under a separate listed entity. "The proposed demerger will help us improve focus and make us more agile to capitalise on opportunities in the CV market globally," Wagh, who heads the company's commercial vehicle business, said in a message to shareholders in the auto major's Annual Report for ..

Demerger to help commercial vehicle biz capitalise globally: Tata Motors
Updated On : 02 Jun 2024 | 12:00 PM IST

India to make JLR's Range Rover for first time, delivery starts May 24

Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company

India to make JLR's Range Rover for first time, delivery starts May 24
Updated On : 25 May 2024 | 9:18 PM IST

Tata Motors stock drops 8% as gloomy outlook overshadows Q4 show

The stock is the top loser on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)

Tata Motors stock drops 8% as gloomy outlook overshadows Q4 show
Updated On : 14 May 2024 | 12:28 AM IST

Tata Motors Q4 Preview: Robust sales, low commodity prices to aid earnings

Analysts anticipate robust results for Tata Motors, propelled by the advantages of operating leverage, favourable commodity trends and strong volume growth across its various segments

Tata Motors Q4 Preview: Robust sales, low commodity prices to aid earnings
Updated On : 09 May 2024 | 10:48 AM IST

Will Tata Motors drive out of Nifty, Sensex, MSCI, FTSE? What analysts say

In the past one year, shares of Tata Motors have been in top gear and have outperformed all stocks that comprise the Nifty Auto index with a rise of nearly 131 per cent during this period, shows data

Will Tata Motors drive out of Nifty, Sensex, MSCI, FTSE? What analysts say
Updated On : 05 Mar 2024 | 10:54 PM IST

Tata Motors plans to demerge business into two separate companies

'The demerger is a logical progression of the subsidiarisation of PV and EV businesses done earlier in 2022 and shall further empower the respective businesses,' Tata Motors said in a statement

Tata Motors plans to demerge business into two separate companies
Updated On : 04 Mar 2024 | 5:11 PM IST

Tata JLR aims to generate over a third of its own power globally by 2030

The company said work would start this year on the automaker's first three UK solar projects in Gaydon, Halewood and Wolverhampton, which should be completed by the end of 2026

Tata JLR aims to generate over a third of its own power globally by 2030
Updated On : 29 Feb 2024 | 10:40 PM IST

Tata Motors hits new high, surges 7% on robust December quarter results

The auto major's Q3 net profit beat analyst estimates, growing by 137 per cent YoY to Rs 7,025 crore on favourable volumes, reduced costs on component sourcing with easing semiconductor chip supplies.

Tata Motors hits new high, surges 7% on robust December quarter results
Updated On : 05 Feb 2024 | 9:41 AM IST

Jaguar Land Rover Oct-Dec quarter wholesales up 27% at 101,043 units

Tata Motors-owned Jaguar Land Rover on Monday reported a 27 per cent rise in total wholesales at 1,01,043 units in the third quarter ended December 31, 2023, as compared to the year-ago period. Jaguar Land Rover (JLR) delivered the highest wholesales in 11 quarters during the period, a statement by JLR shared on BSE by Tata Motors said. Year-to-date wholesales for FY24 were 2,91,113 units, up 28 per cent year-on-year, it added. The order book continues to reflect strong demand for JLR products with 1.48 lakh client orders at the end of the third quarter. This has reduced from 1.68 lakh at the end of the second quarter, reflecting increased order fulfilment to clients and resulting in improved client waiting times for the vehicles, JLR said. Demand for Range Rover, Range Rover Sport and Defender remains particularly strong, representing 76 per cent of the order book, it added.

Jaguar Land Rover Oct-Dec quarter wholesales up 27% at 101,043 units
Updated On : 08 Jan 2024 | 5:31 PM IST

Tata Motors Q2 result: Auto major reports net profit of Rs 3,764 crore

Tata Motors said it remains optimistic about its performance due to a strong product pipeline, a seasonally stronger H2 and continued focus on cash accretive growth

Tata Motors Q2 result: Auto major reports net profit of Rs 3,764 crore
Updated On : 02 Nov 2023 | 4:32 PM IST

Tata Motors October Sales: Total domestic sales up 6% YoY, EVs shine

Electric passenger vehicle sales went up by 28 per cent YoY. This includes both domestic and international business figures

Tata Motors October Sales: Total domestic sales up 6% YoY, EVs shine
Updated On : 01 Nov 2023 | 1:16 PM IST