TATA MOTORS GROUP
Hold on to M&M; wait for the split in Tata Motors: Nischal Maheshwari
Cement sector consolidation will help in creating efficiency and sustainability. Stable prices despite inflation as the industry transitions to green cement. Key players are expanding capacity for future market dominance, focusing on EBITDA growth and improved financial performance. In auto, M&M in your portfolio, hold on, there is no hurry to take away profits from there, but Tata Motors should be looked at, says Nischal Maheshwari
Tata Motors has a Rs 18,000 crore EV plan, reveals MD Shailesh Chandra
Tata Motors is eyeing 30-40 per cent sales from EVs by FY30 and is planning to spend about Rs 18,000 crore to develope an ecosystem for the electric vehicle business. Over the next two years, the company has scheduled for launch Curvv EV, Curvv ICE ( internal combustion engine) and Sierra EV.
Expect Indian PV market to touch 60 lakh units by 2030, targeting 18-20 pc share: Tata Motors
Tata Motors targets significant market share growth by FY30, focusing on EVs, CNG vehicles, and new product offerings. The company strategically prepares for upcoming CAFE III norms and aims to capitalize on industry transitions for sustainable growth.
S&P Ratings places 6 Tata group companies on 'CreditWatch Positive'
The review is reportedly done to review whether the potential of support for the group entities from Tata Sons is greater than what the ratings agency had previously thought of. This is due to increasing operational and management linkages within the group.
Tata Motors eyes 4-6% increase in PV market share by 2030
The introduction of new nameplates is expected to boost volumes and operating leverage and revenues across PV and EV, bumping up realisations at the portfolio level. It also sees softening of battery prices to drive higher profitability for EVs.
3 Tata Group companies among 6 stocks in focus for dividends and AGMs
This week, Tata group companies such as Tata Motors, Tata Motors DVR, and Tata Chemicals, alongside Asian Paints and others, will be under scrutiny due to corporate activities like dividends and annual general meetings.
Strong hybrids need to replace ICE models and not EVs: Maruti Suzuki executive
Maruti Suzuki India executive emphasizes strong hybrids over fossil fuel-powered models and pure electric vehicles (EVs) for auto industry sustainability.
Tata Motors embracing structural shifts from a position of strength and confidence: N Chandrasekaran
With the turnaround the company is embracing the structural shifts which includes an irreversible move to green mobility, rebalancing of supply chains to achieve resiliency digital acceleration with Artificial Intelligence and Machine Learning becoming mainstream, from a position of strength and confidence.
Mahindra to focus more on driving range, tech over price in future electric cars
Speaking to ET, R. Velusamy, president, automotive technology and product development at M&M said while TCO (total cost of ownership) approach to EV development or how much one saves after switching from petrol or diesel cars to EVs may work in the short term for “early adopters”, in the long term, it’s the range, technology and overall experience that will help in creating new market segments and to grow sales.
M&M's premium valuation to ride on SUV, tractor demand
Mahindra & Mahindra may see an earnings-led upgrade due to encouraging bookings for its newly-launched compact SUV, the XUV 3XO, forecasts of improvement in the tractor segment, and expectations of increased industry volume growth. The company's premium valuation at 23 times one-year forward earnings reflects investor confidence in its market performance.
Tata Motors group hikes investment outlay to Rs 43,000 cr for FY25
Tata Motors group has increased its investment outlay for FY25 to Rs 43,000 crore, with a significant portion allocated to its British arm, Jaguar Land Rover (JLR). In FY24, the company had initially planned for a 3 billion pound investment for JLR and Rs 8,000 crore for Tata Motors, totaling about Rs 38,000 crore. However, the actual investment in FY24 exceeded expectations, reaching around Rs 41,200 crore. For FY25, JLR's investment is expected to rise to around 3.5 billion pounds (approximately Rs 35,000 crore), with Tata Motors maintaining a similar investment level of around Rs 8,000 crore.
Tata Motors shares fall 9% on downgrades after Q4 results. Should you buy, sell or hold?
Shares of auto major Tata Motors on Monday fell up to 7% to the day's low at Rs 975 on BSE after three major global brokerages Goldman Sachs, Morgan Stanley and Nomura downgraded the Nifty stock while Citi suspended rating on Tata Motors following weaker outlook for FY25
Tata Motors zips past Street in grand profit prix
The Street had forecasted profit of ₹7,200 crore for the March quarter. Revenue for the three-month period climbed 13%YoY to ₹1.19 lakh crore in line with market consensus of ₹1.2 lakh crore.
Tata Motors shines in Q4, anticipates debt-free status; JLR posts record profit
Tata Motors Surpasses Expectations with Tripled Profit in Q4, Eyes Debt-Free Status. India's largest automaker reported a net profit of Rs 17,528 crore in Q4, thrice the previous year, aided by a deferred tax credit. The company's revenue for the period climbed 13% YoY to Rs 1.19 lakh crore. For the full FY24, Tata Motors delivered record profit and revenue, with JLR generating a net profit of £2.5 billion. The company continued deleveraging efforts, aiming for net automotive debt-free status in FY25. JLR expects consistent demand, though some stress is noted in the UK market.
Tata Motors declares dividend of Rs 6 per share
Tata Motors on Friday announced a dividend of Rs 6 per share while announcing its Q4 results, which would be paid to the eligible shareholders on or before June 28.
Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital
Group holding company Tata Sons will offer shares of Tata Capital to Tata Motors. This will give India's third-largest carmaker by volume a minority stake in Tata Capital.
Tata Motors launches Tata Ace EV 1000 mini truck
Tata Motors launched the Ace EV 1000 mini-truck for last-mile mobility with a 1-tonne payload and 161km range. It features advanced technology like the EVOGEN powertrain, robust aggregates, and a 7-year battery warranty.
Discounts, freebies drive in as automakers seek to push sales
Car dealership stock reached an all-time high of 310,000 vehicles at the start of the financial year. This is leading companies into pushing sales by expanding into smaller towns and cities, potentially igniting a price war, multiple car retailers and company executives told ET.
Tata Motors global wholesales up 8% at 3,77,432 units in Q4 FY24
Jaguar Land Rover global wholesales, excluding those of the joint venture with Chery Automobiles in China, were at 1,10,190 units, up 16 per cent from the same quarter a year ago, the company said.
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