Tata Motors JLR

The recovery in the Tata Motors share price despite weak Q2 results, analysts believe, is due to valuation comfort

In the domestic segment, both commercial vehicles (CV) and passenger vehicles (PV) face pressures from lower volumes and rising discounts, particularly impacting the India business

Jaguar Land Rover on Wednesday said it has launched an initiative in India to work closely with startups for developing the next generation of products and services that will help define the company's future client experiences. The Tata Motors-owned marquee brand has launched the Open Innovation Hub in Bengaluru, building on the success of the company's existing initiatives in the UK, US, Israel, and Brazil. The India hub will focus on deep tech including artificial intelligence, big data and analytics, internet of things, ADAS (Advanced Driver Assistance System) and sensors and devices, Jaguar Land Rover (JLR) said in a statement. "India's rapidly-growing startup sector and JLR's already established presence and close links to the Tata Group make the country the ideal location for the newest innovation hub," JLR's Innovation Director Igor Murakami said. Through global collaborations, the initiative is connecting the automaker to the next generation of talent and technologies, he .

The story of two iconic brands Jaguar and Land Rover entering the Tata stable began with an insult Ratan Tata couldn't bear. Back in 1998, the legendary industrialist launched his dream project, Tata Indica -- India's first hatchback with a diesel engine. But sales initially were slow and Tata Motors decided to sell off its fledgling car business within a year of its debut. US auto giant Ford was seen as an ideal candidate. The company acceded to a meeting requirement from Ford Motors. Officials of the US firm came to Bombay House for talks sometime in 1999. During the meeting at the Tata headquarters, the American company evinced interest in buying out the business. To take the deal forward, Ratan Tata and his team flew to Detroit to meet Bill Ford, then the chairman of Ford. The meeting lasted about three hours but did not go well. The American businessman was condescending and "humiliated" the Indian businessman, according to a person who attended the meeting. "You do not kn

The decline in Tata Motors share came on the back of disappointing sales figures for Jaguar Land Rover (JLR) in the September quarter (Q2FY25).

The company announced that the state-of-the-art production facility, located in Panapakkam, Ranipet district, will produce both cars and sport utility vehicles

TML Securities Trust sold 11.5 million new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities.

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

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.

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 share price: Thus far in calendar year 2024, Tata Motors share price has outperformed the market by surging 51 per cent

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.

Some brokerages foresee growth via higher market share, prices, margins

Restructuring of domestic operations over the next year, new launches, higher sales at subsidiary Jaguar Land Rover (JLR), and further deleveraging are key triggers for the stock

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' 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 is working on multiple options at the plant, where it plans to invest Rs 9,000 crore over five years

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 ..

Tata Motors owned Jaguar Land Rover expects to grow faster than the luxury car segment this fiscal, as it bolsters localisation and expands product range, according to a top company executive. The company, which is set to commence local assembly of Range Rover and Range Rover Sport in India, witnessed a sales growth of 81 per cent in 2023-24 fiscal year at 4,436 units, as compared to FY23. The automaker aims to double its business in India over the next three years. "The luxury car segment grew in the range of 20-25 per cent last fiscal. We expect that the growth rate will remain in this range for the next couple of years. And we anticipate to beat this growth rate," Jaguar Land Rover (JLR) Managing Director Rajan Amba told PTI in an interaction. Initiatives like enhanced localisation of products, which would lead to reduction in prices and expansion of sales network in the country would help the company in growing faster than the industry, he added. Citing reports, Amba noted tha

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