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India`s Tata Motors to hike commercial vehicle prices by up to 2% from January Indian automaker Tata Motors said on Thursday it will increase prices of its commercial vehicles, including trucks and buses, by up to 2% from January. The company had previously said it would raise prices of its cars by 3% in January. WHY IT'S IMPORTANT Indian automakers are grappling with rising costs due to strong global commodity prices, high import duties on raw materials and supply chain disruptions. They have also struggled with slowing sales after years of surging grow...
India`s Tata Motors to hike commercial vehicle prices by up to 2% from January
India`s Tata Motors to hike commercial vehicle prices by up to 2% from January
Source: Reuters
2024-12-12 05:11:03 pm
Tata Motors, Kia India to increase prices across passenger vehicles portfolio  Tata Motors on Monday announced to hike prices by up to 3 per cent across its passenger vehicles (PVs) portfolio, including electric vehicles (EVs).  Effective from January, the price increase will vary depending on model and variant, and is being taken to partially offset the rise in input costs and inflation, said the automaker. Kia India also announced up to 2 per cent price hike across its entire lineup, effective from January 1, “primarily due to rising commodity p...
Tata Motors, Kia India to increase prices across passenger vehicles portfolio
Tata Motors, Kia India to increase prices across passenger vehicles portfolio
Source: IANS
2024-12-09 04:58:34 pm
Tata Motors moves up on reporting marginal rise in total sales in November Tata Motors is currently trading at Rs. 791.15, up by 4.30 points or 0.55% from its previous closing of Rs. 786.85 on the BSE. The scrip opened at Rs. 787.35 and has touched a high and low of Rs. 796.50 and Rs. 785.00 respectively. So far 389777 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 695.90 on 21-Dec-2023. Last one week high and low of the scrip stood at R...
Tata Motors moves up on reporting marginal rise in total sales in November
Tata Motors moves up on reporting marginal rise in total sales in November
Source: Accord Fintech
2024-12-02 11:25:51 am
SUVs propel growth in car sales during November There was an uptick in the sale of cars and SUVs in the domestic market during November with market leader Maruti Suzuki India Ltd, Tata Motors, and Toyota Kirloskar recording an increase in dispatches to dealers during the month.   Maruti Suzuki’s total domestic passenger vehicle sales went up to 141,312 units during November this year from 134,158 units in the same month last year. The main growth was recorded in the SUV segment where sales of its popular models such as Brezza...
SUVs propel growth in car sales during November
SUVs propel growth in car sales during November
Source: IANS
2024-12-02 09:42:45 am
SUVs propel growth in car sales during November There was an uptick in the sale of cars and SUVs in the domestic market during November with market leader Maruti Suzuki India Ltd, Tata Motors, and Toyota Kirloskar recording an increase in dispatches to dealers during the month.   Maruti Suzuki’s total domestic passenger vehicle sales went up to 141,312 units during November this year from 134,158 units in the same month last year. The main growth was recorded in the SUV segment where sales of its popular models such as Brezza...
SUVs propel growth in car sales during November
SUVs propel growth in car sales during November
Source: IANS
2024-12-01 04:40:47 pm
Neutral TATA Motors For Target Rs.840 By Motilal Oswal Financial Services Ltd Incremental headwinds emerge for JLR JLR likely to see persistent margin pressure ahead * Tata Motors (TTMT) reported a weak consolidated performance in 2QFY25, with margins contracting ~150bp YoY to 11.6% (est. 13.2%). This was mainly due to weaker volumes and high cost pressures for JLR, while India business remained resilient despite weak demand. * While management has maintained its guidance for JLR despite several headwinds, we believe margin pressure is likely to persist for JLR o...
Neutral TATA Motors For Target Rs.840 By Motilal Oswal Financial Services Ltd
Neutral TATA Motors For Target Rs.840 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services ltd
2024-11-30 09:18:06 am
Lumax Auto Technologies soars on completing acquisition of 60% stake in Greenfuel Energy Solutions Lumax Auto Technologies is currently trading at Rs. 528.10, up by 15.55 points or 3.03% from its previous closing of Rs. 512.55 on the BSE. The scrip opened at Rs. 534.75 and has touched a high and low of Rs. 534.90 and Rs. 524.60 respectively. So far 5467 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 608.15 on 02-Jul-2024 and a 52 week low of Rs. 363.05 on 25-Jan-2024. Last one week high and low of the scrip ...
Lumax Auto Technologies soars on completing acquisition of 60% stake in Greenfuel Energy Solutions
Lumax Auto Technologies soars on completing acquisition of 60% stake in Greenfuel Energy Solutions
Source: Accord Fintech
2024-11-27 10:05:14 am
Add Tata Motors Ltd For Target Rs. 948 by Yes Securities Ltd Macro challenges yet not over both at JLR&S/A View – Sharp stock correction still not make risk reward favorable! TTMT’s 2QFY25 consol results were operationally weaker than expected led by supply disruptions at JLR (~16k units) dragged consol EBITDA miss of ~17%/20% to our/street estimates. JLR EBITDAM contracted 320bp YoY (-410bp QoQ) at 11.7% (est 13.2%) more than negating better S/A margins delivery at 12.4% (est 12%, +50bp YoY). On the positive side, deleveraging is...
Add Tata Motors Ltd For Target Rs. 948 by Yes Securities Ltd
Add Tata Motors Ltd For Target Rs. 948 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-19 04:11:37 pm
Tata Motors rides high on the bourses Tata Motors is currently trading at Rs. 786.80, up by 1.85 points or 0.24% from its previous closing of Rs. 784.95 on the BSE. The scrip opened at Rs. 785.80 and has touched a high and low of Rs. 792.60 and Rs. 775.45 respectively. So far 1288164 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 656.65 on 15-Nov-2023. Last one week high and low of the scrip stood at ...
Tata Motors rides high on the bourses
Tata Motors rides high on the bourses
Source: Accord Fintech
2024-11-13 03:36:54 pm
Tata Motors surges despite reporting 10% fall in Q2 consolidated net profit Tata Motors is currently trading at Rs. 823.80, up by 18.10 points or 2.25% from its previous closing of Rs. 805.70 on the BSE. The scrip opened at Rs. 800.05 and has touched a high and low of Rs. 831.20 and Rs. 791.70 respectively. So far 1485326 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 644.10 on 09-Nov-2023. Last one week high and low of the scrip stood at...
Tata Motors surges despite reporting 10% fall in Q2 consolidated net profit
Tata Motors surges despite reporting 10% fall in Q2 consolidated net profit
Source: Accord Fintech
2024-11-11 12:50:03 pm
India`s Tata Motors posts surprise Q2 profit drop on weak sales India's Tata Motors reported a surprise drop in second-quarter profit on Friday, hurt by weakness in both domestic sales and its luxury vehicles unit. The company posted a profit of 33.43 billion rupees ($396.4 million) for the quarter ended Sept. 30, down 11% on-year. Analysts, on average, had expected a profit of 43.96 billion rupees, per data compiled by LSEG. Tata Motors is India's third-largest carmaker by volume, but relies on British luxury carmaking unit Jaguar Land R...
India`s Tata Motors posts surprise Q2 profit drop on weak sales
India`s Tata Motors posts surprise Q2 profit drop on weak sales
Source: Reuters
2024-11-08 04:52:29 pm
Add TVS Motor Company Ltd For Target Rs. 3,030 By Yes Securities Ltd Margins resilient despite inflated staff exp Valuation and View – Yet to be accrued PLI benefits to support margins TVSL 2QFY25 results was mixed bag as ASP decline of 2.5% QoQ (-0.9% YoY) at Rs75.1k/unit (est Rs77.8k/unit) came in as surprise despite price hikes and favorable mix. This was led by launch of iQube 09 variant at lowered price point. However, margins continue to be resilient at 11.7% (+70bp YoY/ +20bp QoQ). Gross margin expanded ~250bp YoY (-10bp QoQ) at 28.5% partia...
Add TVS Motor Company Ltd For Target Rs. 3,030 By Yes Securities Ltd
Add TVS Motor Company Ltd For Target Rs. 3,030 By Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-06 06:00:50 pm
Tata Motors declines on reporting marginal fall in total sales in October Tata Motors is currently trading at Rs. 820.00, down by -23.60 points or 2.80% from its previous closing of Rs. 843.60 on the BSE. The scrip opened at Rs. 843.45 and has touched a high and low of Rs. 843.90 and Rs. 814.85 respectively. So far 1062721 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 641.25 on 08-Nov-2023. Last one week high and low of the scrip stood...
Tata Motors declines on reporting marginal fall in total sales in October
Tata Motors declines on reporting marginal fall in total sales in October
Source: Accord Fintech
2024-11-04 04:02:18 pm
Maruti Suzuki India clocks highest-ever exports in Oct, Tata Motors`commer sales flat Maruti Suzuki India on Friday said it sold a total of 206,434 units in the month of October, which is its highest-ever monthly sales volume. The company also clocked highest-ever exports in the month.  The country’s largest automaker had sold 199,217 units in the same month last year. However, in the passenger vehicle (PV) segment, Maruti Suzuki India witnessed a 5 per cent YoY sales decrease, selling 159,591 units in the domestic market last month, compared to 168,047 units ...
Maruti Suzuki India clocks highest-ever exports in Oct, Tata Motors`commer sales flat
Maruti Suzuki India clocks highest-ever exports in Oct, Tata Motors`commer sales flat
Source: IANS
2024-11-02 08:39:01 am
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital ABB Ltd The stock has been in a strong uptrend and since the last three months has been in consolidation near the significant 50EMA zone of 7800 levels maintaining the trend with recently indicating a decent pullback from 7750 levels to improve the bias and has confirmed a breakout above the resistance zone of 8300 to further strengthen the trend. With the RSI on the rise indicating strength, we anticipate further rise and suggest to buy the stock for an upside positional target of 12300 k...
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:20:00 am
Tata Motors to supply 1,000 diesel bus chassis to UPSRTC  Tata Motors on Monday announced it has received an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the ‘Tata LPO 1618’ diesel bus chassis.  The latest order follows the successful fulfilment of an earlier order of 1,350 bus chassis received last year, which are currently being run efficiently by the UPSRTC. Designed for safe intercity and long-distance travel, ‘Tata LPO 1618’ diesel bus chassis deliver su...
Tata Motors to supply 1,000 diesel bus chassis to UPSRTC
Tata Motors to supply 1,000 diesel bus chassis to UPSRTC
Source: IANS
2024-10-21 04:33:08 pm
Tata Motors shines on inking MoU with Indian Bank Tata Motors is currently trading at Rs. 902.10, up by 10.40 points or 1.17% from its previous closing of Rs. 891.70 on the BSE. The scrip opened at Rs. 895.40 and has touched a high and low of Rs. 905.70 and Rs. 886.35 respectively. So far 350619 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 622.00 on 30-Oct-2023. Last one week high and low of the scrip stood at ...
Tata Motors shines on inking MoU with Indian Bank
Tata Motors shines on inking MoU with Indian Bank
Source: Accord Fintech
2024-10-18 10:29:00 am
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand Warehouse developer IndoSpace said on Tuesday it will increase investment in the southern state of Tamil Nadu by 41% over the next three years, to meet increasing demand for industrial parks as more companies set up bases in India. Warehouse developers are facing a mad demand rush as companies bet on the country's economic boom and try to diversify supply chains beyond China. India's warehousing market is expected to more than double to $37 billion by 2032, consulting firm IMARC...
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand
Source: Reuters
2024-10-08 03:45:11 pm
Stock of the day : Tata Motors Ltd For Target Rs. 45 - Religare Broking TATA MOTORS LTD * Auto index witnessed pressure recently, and Tata Motors exhibits major signs of weakness * The stock trading in a distribution phase and has experienced a fresh breakdown falling below its downward sloping trend line * Recent price action and oscillators lead Stock to close below 200EMA, which was it’s long term moving average and important support zones * Fresh liquidation cannot be ruled out * Traders can consider accumulating Puts in the mentioned ran...
Stock of the day : Tata Motors Ltd For Target Rs. 45 - Religare Broking
Stock of the day : Tata Motors Ltd For Target Rs. 45 - Religare Broking
Source: Religare Broking
2024-10-04 11:33:10 am
Stock Picks : Jio Financial Ltd And Tata Motors Ltd By ICICI Direct Jio Financial Ltd Buy Jio Financial Ltd @ 353-359 Target 384.00 Stop Loss 341.00   Tata Motors Ltd Buy Tata Motors Ltd @ 975-990 Target 1065.00 Stop Loss 945.00   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Jio Financial Ltd And Tata Motors Ltd By ICICI Direct
Stock Picks : Jio Financial Ltd And Tata Motors Ltd By ICICI Direct
Source: ICICI Direct
2024-10-03 11:49:59 am
Maruti Suzuki India sells over 1.84 lakh vehicles in August, exports up Leading automaker Maruti Suzuki India on Tuesday said it sold 184,727 vehicles in the month of August, up from 181,343 units sold in the same month last year.  The figure included domestic sales of 148,061 units, sales to other original equipment manufacturers (OEMs) of 8,938 units and exports of 27,728 units, the automaker said in a statement. In the six months of current fiscal (April-September), Maruti Suzuki India sold 1,063,418 units, up from 1,050,085 in the same period last ...
Maruti Suzuki India sells over 1.84 lakh vehicles in August, exports up
Maruti Suzuki India sells over 1.84 lakh vehicles in August, exports up
Source: IANS
2024-10-02 08:32:26 am
Kia India logs 10 pc sales growth in July-Sep, Tata Motors clocks 13 pc decline YoY Automaker Kia India on Tuesday said it registered sales of 66,553 units In the second quarter this fiscal (July-September period), marking almost 10 per cent growth over the April-June period this year.  For the month of September, the company posted 23,523-unit sales, over 17 per cent growth (year-on-year) compared to 20,022 units sold in the same month last year. Sonet continued as best-selling model, with 10,335 units sold, followed by the Seltos and Carens, with 6,959 and 6,217...
Kia India logs 10 pc sales growth in July-Sep, Tata Motors clocks 13 pc decline YoY
Kia India logs 10 pc sales growth in July-Sep, Tata Motors clocks 13 pc decline YoY
Source: IANS
2024-10-01 03:35:16 pm
Millions of PMJDY bank accounts helping companies boost sales in rural India There has been a significant uptick in rural private consumption in India, thanks to the Pradhan Mantri Jan Dhan Yojana (PMJDY), which has helped millions open bank accounts seamlessly and join the mainstream. There has been a definitive surge in household consumption in tier 2, 3 and 4 cities and even beyond, as evident in sales growth of two-wheelers, ACs, refrigerators, smartphones and FMCGs in small towns and cities. According to the industry, various consumer financing options, mad...
Millions of PMJDY bank accounts helping companies boost sales in rural India
Millions of PMJDY bank accounts helping companies boost sales in rural India
Source: IANS
2024-09-30 11:17:24 am
Saksoft, HDFC Life and Tata Motors to see some action today Saksoft has acquired Ceptes Software, a recognized expert in Salesforce services, headquartered in Bengaluru, Karnataka. The company anticipates the transaction will be closed within 4 weeks pending customary closing conditions. This strategic acquisition will significantly help Saksoft expand its capabilities around Salesforce solutions, cloud innovation, and customer experience optimization.  HDFC Life Insurance Company has received approval to raise funds up to Rs 1,500 c...
Saksoft, HDFC Life and Tata Motors to see some action today
Saksoft, HDFC Life and Tata Motors to see some action today
Source: Accord Fintech
2024-09-30 08:57:05 am
Tata Motors breaks ground for $9,000 cr facility in Tamil Nadu to manufacture SUVs, JLR Tata Motors on Saturday held the groundbreaking ceremony of its new Rs 9,000 crore facility in the state that will manufacture and export next-gen vehicles for Tata Motors and Jaguar Land Rover (JLR).  Situated at Panapakkam in Ranipet district, the plant will cater to both domestic and international markets, while creating over 5,000 jobs. Tata Motors Group intends to invest Rs 9,000 crore in this greenfield manufacturing facility, which has been designed for an annual production ...
Tata Motors breaks ground for $9,000 cr facility in Tamil Nadu to manufacture SUVs, JLR
Tata Motors breaks ground for $9,000 cr facility in Tamil Nadu to manufacture SUVs, JLR
Source: IANS
2024-09-28 03:06:16 pm
Aspirational India fuels auto loan surge as private consumption rises As private consumption rises across the country, there has been a surge in auto loans for car ownership as people from tier 2, 3 cities and beyond opt for longer-tenure financing options to afford latest vehicles.  As per reports, auto companies like Maruti Suzuki, Hyundai, Mahindra and Tata Motors feel finance penetration to rise to up to 84 per cent this year from 75 per cent in the pre-pandemic era. A leading digital marketing agency, Techmagnate, recently revealed significant s...
Aspirational India fuels auto loan surge as private consumption rises
Aspirational India fuels auto loan surge as private consumption rises
Source: IANS
2024-09-22 04:10:32 pm
Tata Motors rides high on inking MoU with ESAF Small Finance Bank Tata Motors is currently trading at Rs. 969.60, up by 2.30 points or 0.24% from its previous closing of Rs. 967.30 on the BSE. The scrip opened at Rs. 969.95 and has touched a high and low of Rs. 977.50 and Rs. 950.05 respectively. So far 1184096 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 608.45 on 04-Oct-2023. Last one week high and low of the scrip stood at ...
Tata Motors rides high on inking MoU with ESAF Small Finance Bank
Tata Motors rides high on inking MoU with ESAF Small Finance Bank
Source: Accord Fintech
2024-09-20 04:52:29 pm
Mercedes-Benz to Jaguar Land Rover, India manufacturing in top gear As the market for luxury cars and top-notch electric vehicles (EVs) ramp up in India amid friendly government policies and shifting 'generational mindset’, more and more global automakers are lining up to manufacture/assemble vehicles in India.  The German luxury carmaker Mercedes-Benz has just launched the EQS SUV which is assembled locally in India, which is now the second country to assemble the EQS SUV outside of the US. The made-in-India luxury EV is priced at Rs 1.41 c...
Mercedes-Benz to Jaguar Land Rover, India manufacturing in top gear
Mercedes-Benz to Jaguar Land Rover, India manufacturing in top gear
Source: IANS
2024-09-17 11:54:10 am
Tata Power Company rises as its step down arm signs MoU with Tata Motors Tata Power Company is currently trading at Rs. 447.70, up by 7.90 points or 1.80% from its previous closing of Rs. 439.80 on the BSE. The scrip opened at Rs. 446.55 and has touched a high and low of Rs. 448.05 and Rs. 443.00 respectively. So far 73071 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 470.85 on 02-Aug-2024 and a 52 week low of Rs. 230.75 on 26-Oct-2023. Last one week high and low of the scrip stood...
Tata Power Company rises as its step down arm signs MoU with Tata Motors
Tata Power Company rises as its step down arm signs MoU with Tata Motors
Source: Accord Fintech
2024-09-13 09:50:58 am
Kia 1st in customer experience among automotive brands in India : Data Kia has ranked first among automotive brands operating in India in terms of overall customer experience, the South Korean company said on Tuesday, citing local industry data.  Toyota and Tata Motors came in second and third, with 45.83 per cent and 44.35 per cent, respectively. According to Kia, the company ranked first, with a score of 45.84 percent, in the overall customer experience index survey conducted by the Federation of Automobile Dealers Associations of India (FADA) recen...
Kia 1st in customer experience among automotive brands in India : Data
Kia 1st in customer experience among automotive brands in India : Data
Source: IANS
2024-09-10 10:53:44 am
Toyota, Maruti launch marketing drive for hybrids in key Indian state From Instagram ads to telesales, Japanese automakers Toyota and Maruti Suzuki are going all out to market their hybrid cars in the most populous Indian state of Uttar Pradesh, aiming to cash in on tax waivers that upset many of their rivals. The waivers have split India's auto industry, with Tata Motors, Mahindra and Mahindra and Hyundai arguing their sales of pure electric cars will suffer. Their lobbying to reverse the July decision failed last month and they now fear other states mi...
Toyota, Maruti launch marketing drive for hybrids in key Indian state
Toyota, Maruti launch marketing drive for hybrids in key Indian state
Source: Reuters
2024-09-03 05:34:00 pm
Krishna Janmasthami pick 2024 Tata Motors by Choice Broking Ltd Tata Motors is currently trading at 1099 and has recently broken out of a rounding bottom pattern, signaling a reversal and a strong bullish trend. A breakout above 1100 could drive the stock towards the ?1205 and 1260 levels, with immediate resistance at 1170. On the downside, ?1010 and ?990 are critical support levels Additionally, after a prolonged correction, the stock has reversed from its support level. The Relative Strength Index (RSI) is currently at 57.8, suggesting an upward trajec...
Krishna Janmasthami pick 2024 Tata Motors by Choice Broking Ltd
Krishna Janmasthami pick 2024 Tata Motors by Choice Broking Ltd
Source: Choice Broking Ltd
2024-08-26 12:56:57 pm
Add Tata Motors (TTMT) Ltd For Target Rs. 1,240 By Yes Securities View – JLR supply disruption yet unknow, can dent earnings momentum TTMT’s 1QFY25 consol results were operationally in-line to street while better to our estimates with EBITDA beat ~7.4% with consol margins at 14.4% (est 13.8%). Deleveraging is on track with net auto debt stood at ~Rs186b (vs ~Rs160b in FY24 and Rs437b in FY23. The company did maintain EBIT guidance at ~8.5% for FY25E (vs 8.5% in FY24), is despite it called out production constraints in 2Q/3Q led by plant shut ...
Add Tata Motors (TTMT) Ltd For Target Rs. 1,240 By Yes Securities
Add Tata Motors (TTMT) Ltd For Target Rs. 1,240 By Yes Securities
Source: Yes Securities Ltd
2024-08-22 11:35:19 am
Sensex trades higher on positive global cues Indian equity indices opened in the green on Thursday following positive cues from US markets.  At 9.44 a.m., Sensex was up 194 points or 0.24 per cent at 81,099 and Nifty was up 60 points or 0.24 per cent at 24,830. The market trend remains positive. On the National Stock Exchange (NSE), 1,730 shares were in green and 423 shares in the red. In early trade, Buying was being seen in IT and FMCG stocks. The Nifty IT index was up by 0.42 per cent and the Nifty FMCG index was up by ...
Sensex trades higher on positive global cues
Sensex trades higher on positive global cues
Source: IANS
2024-08-22 10:22:10 am
Tata Motors to set up 250 new fast charging EV stations Tata Motors on Wednesday announced a collaboration with Delta Electronics India and Thunderplus Solutions to set up 250 new fast charging EV stations across the country.  Located in and around over 50 cities, including Delhi, Mumbai, Chennai, Bengaluru, Pune and Kochi, among others, these new charging stations will significantly increase the existing network of 540 commercial vehicle charging points, the automaker said in a statement. “Expanding the available charging infrast...
Tata Motors to set up 250 new fast charging EV stations
Tata Motors to set up 250 new fast charging EV stations
Source: IANS
2024-08-21 05:31:55 pm
Tata Motors rides high after its arm begins deliveries of locally-manufactured Range Rover Sport Tata Motors is currently trading at Rs. 1054.35, up by 0.80 points or 0.08% from its previous closing of Rs. 1053.55 on the BSE. The scrip opened at Rs. 1059.00 and has touched a high and low of Rs. 1067.15 and Rs. 1046.55 respectively. So far 312514 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 593.50 on 25-Aug-2023. Last one week high and low of the scrip stood...
Tata Motors rides high after its arm begins deliveries of locally-manufactured Range Rover Sport
Tata Motors rides high after its arm begins deliveries of locally-manufactured Range Rover Sport
Source: Accord Fintech
2024-08-14 02:20:51 pm
Sensex trades lower as RIL and ICICI Bank drag Indian stock indices opened lower on Monday as heavyweights like RIL and ICICI Bank emerged as the top losers in the morning trade.  At 9:48 a.m., Sensex was down 325 points or 0.41 per cent at 79,353 and Nifty was down 115 points or 0.47 per cent at 24,253. The market trend remains negative. On the Bombay Stock Exchange (BSE), 1,078 shares were trading in the green, while 1,892 shares were in the red. Selling is being seen in midcap and smallcap stocks. Nifty Midcap 100 index i...
Sensex trades lower as RIL and ICICI Bank drag
Sensex trades lower as RIL and ICICI Bank drag
Source: IANS
2024-08-12 10:46:27 am
Neutral TATA Motors Ltd For Target Rs. 1,025 By Motilal Oswal Financial Services Multiple headwinds ahead JLR supplier constraint may pose near term challenges * Tata Motors (TTMT) reported a strong consolidated performance in 1QFY25, with margins expanding ~110bp YoY to 14.4% (est. 13.3%), driven by JLR and strong India CV business margins even as India PV margin missed estimates. Margins were also supported by higher capitalization rate (1Q at 6.2% of revenues v/s 4.6% YoY). However, apart from the risks from subdued global demand and margin headwinds at JLR, rece...
Neutral TATA Motors Ltd For Target Rs. 1,025 By Motilal Oswal Financial Services
Neutral TATA Motors Ltd For Target Rs. 1,025 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-08-09 06:19:14 pm
Tata Motors launches Curvv EV starting at Rs 17.49 lakh  India's homegrown automotive company Tata Motors launched its new vehicle Tata Curvv EV in the SUV segment on Wednesday with prices ranging from Rs 17.49 lakh to Rs 21.99 lakh (ex-showroom).  Tata Curvv EV offers two battery pack choices to its customers - 40.5kWh and 55kWh - which provide a range of 502 km and 585 km (ARAI certified, MIDC Part 1), respectively. It can touch 0-100km/h in 8.6 seconds. The company said its specially designed fast-charging capability ensures...
Tata Motors launches Curvv EV starting at Rs 17.49 lakh
Tata Motors launches Curvv EV starting at Rs 17.49 lakh
Source: IANS
2024-08-07 06:06:03 pm
Neutral Tata Motors Ltd For Target Rs. 1,025 By Motilal Oswal Financial Services Multiple headwinds ahead * Tata Motors (TTMT) reported a strong consolidated performance in 1QFY25, with margins expanding ~110bp YoY to 14.4% (est. 13.3%), driven by JLR and strong India CV business margins even as India PV margin missed estimates. Margins were also supported by higher capitalization rate (1Q at 6.2% of revenues v/s 4.6% YoY). However, apart from the risks from subdued global demand and margin headwinds at JLR, recent supplier based constraint may pose as an incremental h...
Neutral Tata Motors Ltd For Target Rs. 1,025 By Motilal Oswal Financial Services
Neutral Tata Motors Ltd For Target Rs. 1,025 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-08-07 04:39:01 pm
Tata Motors Q1 net profit shoots up 74 per cent as JLR sales zoom Tata Motors on Thursday reported a 74 per cent increase in net profit to Rs 5,566 crore for the April-June quarter of the current financial year (2024-25), compared to the same period of the previous year, on the back of higher sales of its UK subsidiary Jaguar Land Rover.  The company had reported a net profit of Rs 3,203 crore in the April-June quarter last year. Tata Motors' revenue from operations rose 5.7 per cent to Rs 1,07,316 crore during the first quarter from Rs 1,01,...
Tata Motors Q1 net profit shoots up 74 per cent as JLR sales zoom
Tata Motors Q1 net profit shoots up 74 per cent as JLR sales zoom
Source: IANS
2024-08-02 10:02:55 am
India's Tata Motors beats Q1 profit estimates on strong luxury car sales India's Tata Motors reported a better-than-expected rise in first-quarter profit on Thursday, on higher sales of its more expensive car models in its luxury Jaguar Land Rover division. The country's largest carmaker by revenue reported its consolidated net profit jumped 73.8% year-on-year to 55.66 billion rupees ($665 million) in the three months to June 30. Analysts, on average, expected a profit of 54.25 billion rupees, per LSEG data. The luxury JLR is Tata Motors' bell...
India's Tata Motors beats Q1 profit estimates on strong luxury car sales
India's Tata Motors beats Q1 profit estimates on strong luxury car sales
Source: Reuters
2024-08-01 04:39:20 pm
Tata Motors' sales dip in July, commercial vehicles see 18 per cent drop YoY Tata Motors on Thursday reported a total sale of 71,996 vehicles in July, a significant drop from 80,633 units sold during the same period last year.  The total domestic sales dipped 11 per cent, to 70,161 units against 78,844 in July last year. When it comes to commercial vehicles, the company sold 27,042 units last month, down 18 per cent from July last year (32,944 units). Total passenger vehicle sales (including EVs) stood at 44,954 units, down 6 per cent from 47,689 units i...
Tata Motors' sales dip in July, commercial vehicles see 18 per cent drop YoY
Tata Motors' sales dip in July, commercial vehicles see 18 per cent drop YoY
Source: IANS
2024-08-01 12:18:58 pm
Autoline Industries zooms on inking contract with Tata Motors Passenger Vehicle Autoline Industries is currently trading at Rs. 145.00, up by 13.40 points or 10.18% from its previous closing of Rs. 131.60 on the BSE. The scrip opened at Rs. 132.65 and has touched a high and low of Rs. 148.00 and Rs. 129.15 respectively. So far 205943 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 165.20 on 15-Feb-2024 and a 52 week low of Rs. 78.65 on 02-Aug-2023. Last one week high and low of the scrip s...
Autoline Industries zooms on inking contract with Tata Motors Passenger Vehicle
Autoline Industries zooms on inking contract with Tata Motors Passenger Vehicle
Source: Accord Fintech
2024-07-31 11:41:01 am
Commercial vehicle sales surge amid rapid urbanisation, economic growth in India Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of Tata Motors.  Wagh, Chairman of CII-ICVC (Indian Commercial Vehicle Conclave) emphasised the transformative juncture at which India's CV industry stands. At a recent event in the national capital, he highlighted that India's urban population is expected to reach...
Commercial vehicle sales surge amid rapid urbanisation, economic growth in India
Commercial vehicle sales surge amid rapid urbanisation, economic growth in India
Source: IANS
2024-07-20 03:56:27 pm
Neutral Tata Motors Ltd For Target Rs. 960 By Motilal Oswal Financial Services JLR 1QFY25 wholesales at 97.75k units (est. 97k units) Wholesales (excluding China JV) grew 5% YoY * Wholesale volumes (ex-China JV) grew 5% YoY to 97.75k units. The company did not share a breakup of sales for Jaguar and LR. * Wholesales for RR/RR Sport grew 22%/46% YoY, mainly led by an increase in the production capacity in Solihull, West Midlands. * The overall mix of profitable RR/RR Sport/Defender models increased to 68% of wholesale volumes and 59% of retail volumes. Re...
Neutral Tata Motors Ltd For Target Rs. 960 By Motilal Oswal Financial Services
Neutral Tata Motors Ltd For Target Rs. 960 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-12 12:47:36 pm
Stock of the day : Tata Motors Ltd For Target Rs. 1075 - Religare Broking Tata Motors Ltd. * TATAMOTORS has recorded a fresh breakout on the chart and thus offering fresh buying opportunity. * It has registered a breakout from the Potential Volatility Contraction Pattern (VCP) denotes bullish bias. * Considering price pattern and uptick is volumes, stock looks set to surpass its previous swing high. * Traders can consider fresh longs in the mentioned range   Buy Tata Motors Ltd CMP 1020.80 Range 1018-1022 SL ...
Stock of the day : Tata Motors Ltd For Target Rs. 1075 - Religare Broking
Stock of the day : Tata Motors Ltd For Target Rs. 1075 - Religare Broking
Source: Religare Broking
2024-07-12 10:44:18 am
Tata Motors surges as its arm reports 31% rise in retail sales during Q1FY25 Tata Motors is currently trading at Rs. 1020.50, up by 15.05 points or 1.50% from its previous closing of Rs. 1005.45 on the BSE. The scrip opened at Rs. 1008.90 and has touched a high and low of Rs. 1025.45 and Rs. 1007.60 respectively. So far 134510 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1065.60 on 05-Mar-2024 and a 52 week low of Rs. 593.50 on 25-Aug-2023. Last one week high and low of the scrip stoo...
Tata Motors surges as its arm reports 31% rise in retail sales during Q1FY25
Tata Motors surges as its arm reports 31% rise in retail sales during Q1FY25
Source: Accord Fintech
2024-07-11 11:51:14 am