Page 5 - Tata Motors Jlr

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

Tata Curvv to Harrier EV: Here are cars Tata Motors will launch in 2024

Tata Motors will add two more electric cars to its portfolio, along with a facelift variant of Altroz

Tata Motors surges over 4% on healthy Q2 results; DVRs hits new high

The company's earnings before interest, tax, depreciation, and amortisation (Ebitda) during Q2 was Rs 13,767 crore, up from the Rs 5,571 crore in the second quarter last financial year

Tata Motors Q2 result: Auto major reports net profit of Rs 3,764 crore

Tata Motors said it remains optimistic about its performance due to a strong product pipeline, a seasonally stronger H2 and continued focus on cash accretive growth

Tata Motors rides Jaguar Land Rover on road to turn net cash positive

On track to pare debt, analysts expect it to have Rs 2K cr cash on the books by end-FY25

Tata Motors zooms 5% to fresh high; DVR shares jump 4% amid EV subsidy buzz

According to media reports, the government is working on a policy to support local manufacturing of electric cars, a decision likely to provide a level playing field for the industry

Tata Motors global wholesales up 7% in Q2, Jaguar Land Rover drives growth

Company sequentially posted a 6.3% rise in group global wholesales

Tata Motors' luxury vehicles arm JLR posts 21% rise in retail sales in Q2

Sequentially, both wholesales and retail sales increased

Strong domestic EV play and JLR sales positives for Tata Motors stock

A key factor is that JLR reported increased sales for Q1FY24 reflecting continuing improvement in chip and other supply constraints

Tata Nexon facelift launched at an introductory price of Rs 8.10 lakh

In a segment first feature, Tata Nexon's instrument cluster also shows navigation-related information apart from on the touchscreen

Tata Punch CNG launched at a starting price of Rs 7.1 lakh, see details

The Punch is based on the same ALFA (Agile, Light, Flexible, Advanced) architecture on which the Tata Altroz has been built and got five-star safety ratings from the Global NCAP

A new Harrier and Safari! TaMo to revamp line up this festive season

Tata Motors has planned an investment of Rs 8,000 crore in FY24

Tata plugs into UK automotive sector for $5.2 bn electric car gigafactory

JLR, Tata Motors to be anchor customers of EV battery unit