Tata Motors’ EBIT margin outlook is heavily reliant on volumes, with major margin drivers currently decreasing, according to YES Securities. Tata Motors generated free cash flow (FCF) in a traditionally sluggish June quarter. Despite lower volumes, JLR’s richer product mix resulted in profitability. The Tata group company also recorded a significant increase in commercial vehicle…
Stock Market Today: Tata Motors’ share price has risen by 46.6% so far in 2024. Strong passenger vehicle growth, a stable commercial vehicle outlook despite hurdles, an emphasis on electric vehicles, and JLR expectations have all contributed to the surge in Tata Motors’ share price. However, investors remain apprehensive ahead of Q1 earnings, with Tata…
Tata Motors Limited is an Indian multinational automaker that is a member of the Tata Group. Here’s an extensive overview: Overview Established: 1945. Headquarters are located in Mumbai, India. Automotive Industry Vehicles include passenger cars, commercial trucks, electric cars, and luxury cars. Tata, Jaguar Land Rover (JLR), Tata Daewoo, and other brands. Important Segments Passenger…
Maruti Suzuki shares: During mid-day trading on March 20, shares of Maruti Suzuki, India’s leading car manufacturer, surged past the Rs 12,000 mark. At 1:40 pm, the stock was trading at Rs 11,992.50, indicating a 3.41 percent increase. According to a recent report from brokerage firm CLSA, Maruti Suzuki is expected to uphold its leading…
Tata Motors: The Tamil Nadu government announced that the Company will invest Rs 9,000 crore to establish its first vehicle manufacturing factory. Key Points Tamil Nadu government and Tata Motors signed an agreement for a new automobile production facility. Tata Motors’ first manufacturing facility in the state is valued at Rs 9,000 crore. The manufacturing…
Tata Motors: Morgan Stanley believes that the company’s British arm Jaguar and Land Rover, as well as its domestic PV business, will have “synergies in the EV era.” Morgan Stanley, a global trading firm, proclaimed Tata Motors to be “overweight” when it announced that it would divide its passenger vehicle (PV) and commercial vehicle (CV)…
Today’s Stocks: Following record highs last Friday, the equity benchmark indices Sensex and Nifty are expected to begin on a gloomy note on Monday. The Nifty, in particular, broke through the 21,000 barrier for the first time in the previous session. At 7:30 a.m., the Gift Nifty futures were nearly flat at 21,079, compared to…
