Page 4 - Tata Motors Jlr

Launch triumphs, JLR margin turn the ignition key to gains for Tata Motors

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

New launch success, Jaguar Land Rover margin key for more gains in TaMo

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

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

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 shares soar 3% on strong May JLR UK sales; up 28% in 6 months

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

Tamil Nadu likely to be hub for Tata Motors-JLR's electric vehicle exports

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

Demerger to help commercial vehicle biz capitalise globally: Tata Motors

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 ..

Expect sales to grow faster than industry this fiscal: JLR India official

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

Tata Motors stock drops 8% as gloomy outlook overshadows Q4 show

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

Tata Motors Q4 Preview: Robust sales, low commodity prices to aid earnings

Analysts anticipate robust results for Tata Motors, propelled by the advantages of operating leverage, favourable commodity trends and strong volume growth across its various segments

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

Tesla is also expected to start importing its cars to India and make an investment in the country

Tata Motors to use new $1 bn TN plant to make Jaguar Land Rover cars

Tata Motors announced plans to invest in a new plant in Tamil Nadu in March but did not give details on which models would be manufactured there

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Company expects to improve EV penetration and expand margins in CV segment

Stocks to Watch today: TaMo, Axis Bank, RIL, Muthoot Microfin, auto shares

Stocks to watch on Tuesday, April 09, 2024: Tata Motors JLR sales rose 11% in Q4; Bain Capital to sell balance stake in Axis Bank; FADA warns of slower retail auto sales.

Moody's affirms 'Ba3' rating to Tata Motors, positive outlook post demerger

Rating agency Moody's on Wednesday said it has affirmed Tata Motors' Ba3 corporate family rating while maintaining a positive outlook on all ratings. Concurrently, Moody's has also affirmed Tata Motors Ltd's (TML) Ba3 senior unsecured instrument ratings, Moody's Investors Service said in a statement. As per Moody's obligations rated 'Ba' are judged to have speculative elements and are subject to substantial credit risk with the modifier 3 indicating a ranking in the lower end of that generic rating category. "Moody's has also maintained a positive outlook on all ratings," it added. The rating affirmation follows TML's announcement earlier this week that its board of directors have agreed in principle the demerger of its operations into two separate listed companies for commercial vehicles (CVs) and passenger vehicles (PVs), respectively, subject to shareholder and regulatory approvals, it said. "While the demerger would result in TML's remaining operations comprising only CVs, the

Will Tata Motors drive out of Nifty, Sensex, MSCI, FTSE? What analysts say

In the past one year, shares of Tata Motors have been in top gear and have outperformed all stocks that comprise the Nifty Auto index with a rise of nearly 131 per cent during this period, shows data

Tata Motors shifts into high gear with Jaguar Land Rover at the wheel

DRIVING FORCE: UK subsidiary powers growth for India's auto leader amid domestic uncertainty

Tata Motors Q3 results: Profit rises over 2-fold on strong JLR sales

Consolidated net profit rose to Rs 7,025 crore ($847.7 million) in the three months ended Dec. 31 from a year earlier

After 7 yrs, TaMo pips Maruti Suzuki to become most valuable auto company

The combined market cap of Tata Motors (Rs 287,327 crore) and Tata Motors DVR (Rs 29,226 crore) stood at Rs 3.16 trillion

Tata Motors global wholesales up 9% to 338,177 units in December quarter

Tata Motors on Tuesday said its global wholesales, including that of Jaguar Land Rover, rose 9 per cent year-on-year to 3,38,177 units in the December quarter. Global wholesales of Tata Motors' commercial vehicles and Tata Daewoo range in October-December period of FY24 were at 98,679 units, up 1 per cent over third quarter of FY23, the company said in a regulatory filing. The company's global sales of all passenger vehicles, including electrical vehicles, were at 1,38,455 units, up 5 per cent year-on-year. Global wholesales for Jaguar Land Rover were 27 per cent higher at 1,01,043 units. Jaguar wholesales for the quarter stood at 12,149 vehicles, while Land Rover wholesales for the quarter were at 88,894 vehicles.

Tata inaugurates first EV-only stores in Gurugram; public opening on Jan 7

The showrooms also provide testimonials from current EV owners who talk about the challenges they have faced and myths about owning an EV