Page 4 - Tata Motors Jlr

Tata Motors gains 4% on heavy volumes; stock surges 12% in one month

Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.

CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3

Shares of Tata Motors surged 7 per cent in Tuesday's intra-day trade to hit a high of Rs 417.7 apiece

Tata Motors dips 3% as Jaguar Land Rover CEO Thierry Bollore resigns

The company has appointed Adrian Mardell (acting CFO), who has been witn the company for the past 32 years, as the interim CEO

Analysts bet on TaMo's India biz as JLR Q2 sales disappoint; stock dips 5%

Following the development, global brokerage JP Morgan downgraded the stock from 'overweight' to 'neutral' with a September 2023 price target of Rs 455.

Tata Motors' global sales up 33% in Sept quarter at 335,976 units

Tata Motors on Monday reported 33 per cent increase in global sales, including that of Jaguar Land Rover to 3,35,976 units in September quarter 2022. It had sold 2,51,689 units in the same period last year. Global wholesale units of all Tata Motors' commercial vehicles and Tata Daewoo range in the quarter stood at 1,03,226 units, up 16 per cent from 89,055 units a year ago, the company said in a statement. Global sales of all passenger vehicles were at 2,32,750 units in the quarter as against 1,62,634 units in the year-ago period. Global sales of JLR stood at 89,899 units in the period under review. While Jaguar wholesale stood at 16,631 vehicles, Land Rover wholesales were 73,268 units. JLR had sold 78,251 units in July-September last fiscal year.

Analysts remain bullish on Tata Motors as company drives in Tiago EV

Analysts at Nomura expect the Tiago EV to sell 3,000 - 5,000 units per month, and its overall EV sales to touch 60,000/ 96,000 in FY23/24

Jaguar Land Rover sales decline 36% in Q4 as semiconductor woes continue

The Tata Motors-owned luxury automaker noted that the retail sales for the three-month period continued to be constrained by the global semiconductor shortage

Dramatic change in Tata Motors' domestic biz, analysts give it more weight

Equity value of India business comprised of commercial and passenger vehicles now accounts for over half the value in SOTP calculations as compared to 0-30% two years ago

Tata Motors total sales in January rise 27% at 76,210 units

Total domestic sales grew 26% at 72,485 units in Jan 2022 as against 57,649 vehicles sold in the same month last year

Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead

The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio

Tata Motors shrugs Q2 loss, stock up 5% on good JLR operational performance

JLR expects the EBIT margin and free cash flow (before restructuring costs) to turn positive in the second half of Fiscal 2022

Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook

Despite the impact of the semiconductor shortage on production and sales, JLR continues to see strong demand for its products with global retail orders at record levels in excess of 125,000 vehicles

Tata Motors DVR surges 28%, Tata Motors 16% thus far in September

Tata Motors has said its electric vehicles (EV) have achieved a cumulative sales milestone of 10,000 units

Tata Motors DVR surges 14% on back of heavy volumes, nears 52-week high

As per June 30, 2021, shareholding pattern data, ace investor Rakesh Radheshyam Jhunjhunwala held a 1.97 per cent stake in Tata Motors (DVR) and 1.15 per cent holding in Tata Motors

Near term headwinds for JLR due to chip shortage to weigh on Tata Motors

Brokerages cut FY22 estimates sharply, expect recovery in second half of FY22

Tata Motors posts Rs 4,450 cr loss in June qtr as chip shortage takes toll

The company's UK subsidiary expects Q2 to be worse, sees recovery only in the second half of FY22

Tata Motors: Analysts see up to 66% upside despite chip supply constraints

Shares of Tata Motors recovered 4 per cent from lows on Wednesday after the company scheduled an analysts' call later today to address the concern

JLR warns of lower Q2 volumes, downgrades outlook due to chip shortage

Company sees semiconductor shortage deepening in the September quarter of the current financial year.

Tata Motors trades higher for 6th straight day, hits over 3-year high

Tata Motors is India's largest commercial vehicle company and fourth-largest passenger vehicle (PV) player

S&P revises outlook on Tata Motors to stable on improving underlying demand

S & P Global Ratings has affirmed B ratings on Tata Motors and revised outlook to stable on improving underlying demand.S & P said the company's sales for the fourth quarter of fiscal 2021 indicate a material improvement in underlying demand for both commercial vehicles and passenger cars.The commercial vehicle business reported its strongest quarterly sales since fiscal 2019 while the passenger car business continued to gain market share.The passenger car business also turned EBITDA positive in fiscal 2021 and EBITDA margin is likely to improve further to mid-single-digit level in fiscal 2022."Although the second wave of Covid-19 infections has increased risks around these estimates, our base case assumes operational disruptions will be mainly in the first quarter of fiscal 2022," said S & P."We anticipate earnings will recover in the rest of fiscal 2022 as restrictions ease, similar to what we saw after the first wave in fiscal 2021."The agency estimates earnings at Tata