Tata Motors (Photo: Twitter) 4 min read Last Updated : Sep 12 2024 | 12:09 AM IST Shares of auto giant Tata Motors slumped 6 per cent to Rs 976 on the BSE on Wednesday after international brokerage UBS maintained its ‘sell’ rating on the stock with a sum of the parts (SOTP)-based price …
Shares of Tata Motors plunged nearly 6% to hit the day’s low of Rs 975 on the NSE while slipping below its 50-day simple moving average (SMA) of Rs 1,056, indicating a negative short-term trend. The stock has corrected by around 10% in the last one week. The fall comes after the company cut prices …
Stock to buy: Tata Motors, the automotive giant from the Tata Group, saw its shares trading flat on Monday. Despite this lackluster performance, the stock has experienced a remarkable rally over the past year, with an 80 percent increase in value. In 2024 alone, the stock has surged 39 percent year-to-date (YTD), delivering positive returns …
Tata Motors’ global wholesales for the quarter ending June 30, 2024, reached 329,847 units, reflecting a 2 per cent year-on-year increase, according to the company’s filing to the exchanges on Monday. In Q1 FY25, Tata Motors’ global wholesales of passenger vehicles totaled 138,682 units, marking a 1 per cent decrease compared to Q1 FY24. Global …
Tata Motors-owned Jaguar Land Rover (JLR) on Friday (July 5) said the company reported a 5% increase in wholesale volumes for the first quarter ended June 30, 2024, compared to the same period last year. Wholesale volumes reached 97,755 units, excluding the Chery Jaguar Land Rover China JV, driven by sustained demand across its vehicle …
Updated Jun 4, 2024 | 05:27 PM IST Tata Motors Demerger: Auto major Tata Motors informed that the authorised share capital of the subsidiary will be Rs 50,00,000 divided in to 25,00,000 equity shares of Rs 2 each. The size/turnover is, however, not Applicable since the company is yet to be incorporated. Tata Motors will …
Updated May 25, 2024 | 07:50 PM IST Recently, Tata Motors Group in the post quarter earnings conference announced hiking its investment budget for Tata Motors and Jaguar Land Rover around Rs 5,000 crore from the preceding fiscal year. In past one month, the stock of Tata Motors tank around -3.86%. Despite the slump, Kotak …
Passenger vehicle makers are expected to report 10-15 per cent YoY jump in auto sales for April, driven by healthy demand in utility vehicles (UVs). On the other hand, two-wheeler (2W) retails are expected to grow about 20 per cent YoY, aided by the low base of last year and nine days Navratras that were …
Aditya Birla Capital: The board approved the amalgamation of the wholly owned unit Aditya Birla Finance with the company. The merger is subject to the sanction of the National Company Law Tribunal and other necessary approvals from the Reserve Bank of India and other shareholders. * ITC:* British American Tobacco is preparing to kick off …
Nomura India on Tuesday said the demerger of Tata Motors Ltd (TTMT) into commercial vehicle (CV) and passenger vehicle (PV) businesses may not result in any immediate change in the Street’s valuation approach. This is because India CVs, JLR and PVs are being well-run and have good disclosures, it said. However, in the medium term, …