Tata Motors on Saturday said its total vehicle dispatches declined 7 per cent year-on-year to 80,304 units in January. The auto major dispatched 86,125 units in January 2024. Total domestic sales declined 7 per cent year-on-year to 78,159 units last month, as compared to 84,276 units in the year-ago period, Tata Motors said in a statement. Total commercial vehicle sales stood at 31,988 units last month, as compared to 32,092 units in January 2024. Total passenger vehicle dispatches declined 11 per cent year-on-year to 48,316 units in January, as against 54,033 units in the year-ago period.
Tata Motors' consolidated profit for Q3FY25 fell 22.4 per cent year-on-year (Y-o-Y) to Rs 5,451 crore, from Rs 7,025 crore in Q3FY24
Markets Today Highlights: Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent
Here's a technical outlook on 5 largecap stocks post Q3 results. Charts hint towards a positive bias for Bajaj Finance and Bajaj Auto; whereas a likely fall for Maruti, Tata Motors and Dr. Reddy's.
In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10
Revenues of commercial and passenger vehicles were down 8.4% and 4.3%, respectively
At a time when the external environment is extremely cloudy, the Union Budget can look at consumption-boosting measures to push demand and drive domestic growth, Tata Motors Group CFO PB Balaji said on Wednesday. After a good festive season, demand has been weak due to a combination of factors, including tight liquidity and "not so great" market conditions although not a crisis situation, Balaji told reporters in an earnings call. Stating that there is an expectation of a gradual improvement in demand going forward with the fourth quarter being usually strong and due to the impact of infrastructure investments by the government, he said, "If, on top of it, there are consumption (boosting) measures (in the Budget), then that will help also navigate some of the not so great external situations that all of us face". "If there are a fair bit of clouds in their external horizon, what better place than to look at our internal consumption to drive it (growth) forward?" Balaji noted. Spell
The company's profit fell to Rs 5,451 cr ($630 million) in the quarter from Rs 7,025 crore a year before
Q3FY25 company results, January 29: Ambuja Cements, JK Paper, Bajaj Finance, Jindal Stainless, Hindustan Motors will be among 97 companies to release their reports for the Oct-Dec quarter
In the previous session, the Sensex gained 535.24 points, or 0.71 per cent, closing at 75,901.41. Similarly, the Nifty50 closed higher at 22,957.25, up 128.10 points or 0.56 per cent
Tata Motors shares were buzzing in trade ahead of Q3 results. At 2:35 PM, Tata Motors share was trading 3.43 per cent higher at Rs 737.60
Tata Motors is planning to cover the majority of the segments with its upcoming EVs, targeting 30 per cent of its overall sales to come from EVs by 2030
Trial run on 3 routes to begin this quarter
The Tata Sierra showcased at the auto show was the near-production model and will come with a new 1.5-litre Hyperion turbo petrol engine
Tata's EV market lead shrunk to 62 per cent in 2024 from 73 per cent a year ago as rival JSW MG Motor gained share with its new cars
Tata Motors Passenger Vehicle division and Tata Passenger Electric Mobility have signed a MoU with Saraswat Bank to offer their models at competitive interest rates
Tata Motors will continue to invest around Rs 2,000 crore annually on the development of new commercial vehicles and capital equipment as the company works on a gamut of technologies to drive towards sustainable mobility, according to its Executive Director Girish Wagh. The company's commercial vehicle (CV) division is working on a variety of technologies ranging from alternate fuel to zero emission battery electric, fuel cell electric and hydrogen ICE. "We are working on all the technologies, whether it is alternate fuel and even in zero emission, we are working on battery electric. We are working on fuel cell electric. We are also working on H2 ICE (hydrogen internal combustion engine)," Wagh told PTI on the sidelines of the Auto Expo, held as part of the Bharat Mobility Global Expo 2025 here. At the expo, the company displayed a range of CVs based on various fuel technologies -- from diesel, biodiesel, CNG, LNG, ethanol, flex fuel, battery electric to H2 ICE. Asked how much ...
Tata Motors will start operating trucks powered by hydrogen internal combustion engines on a pilot basis in the March quarter, according to a senior company official. Under the pilot project, part of the National Green Hydrogen Mission, the company along with IOCL will run the trucks on three routes for 18 months. At the Bharat Mobility Global Expo 2025, Tata Motors, last week, unveiled the truck powered by a hydrogen internal combustion engine. Tata Motors Executive Director Girish Wagh said the company is getting ready for both technologies -- hydrogen internal combustion engine and fuel cell electric vehicles. The trucks with hydrogen internal combustion engines will start operating this quarter, he said. It will be operated on three routes -- Mumbai-Pune, Jamshedpur-Kalinganagar and Mumbai-Ahmedabad. The pilot project will generate a lot of data which will be used to improve the product as well as the infrastructure for fuelling hydrogen, Wagh told PTI. He spoke on Friday on
KEC International has been into a secular uptrend, hovering well above all its significant EMAs on the daily time frame chart structure
Tata Motors is the leader in the electric car market with about a 62 per cent share