Page 6 - Tata Motors Jlr

Maruti Suzuki looking to replicate diesel engine frugality with hybrid, CNG

Maruti Suzuki has clarified that it will not get into diesel vehicles and instead focus on developing and introducing CNG and strong hybrid vehicles

Tata Motors market cap scales record high; tops Rs 2 trillion mark

Thus far in the calendar year 2023, shares of Tata Motors and Tata Motors DVR have rallied 48 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex.

Tata Motors inaugurates Guj's largest automobile showroom Pragati Vehicle

Tata Motors Inaugurates South Gujarat's Largest Automobile Showroom, Pragati Vehicle in Surat and Bardoli

Tata Motors surges 4%; hits over 6-year high on strong Q4 earnings

On FY24 outlook, Tata Motors said it remains optimistic on demand despite near term uncertainties while anticipating moderate inflation.

Tata Motors: Solid volumes, ASP may aid Q4 profit, margin expansion

Tata Motors Q4 preview: Analysts see double-digit revenue and profit growth on the back of strong growth across India and JLR business

Street positive on JLR's electric vehicle strategy, sales outperformance

Higher volumes needed to offset the near term pressure on financials

Sensex, Nifty snap 3-day losing streak, end marginally up; Infy, HUL slip

CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.

Luxury carmaker JLR unveils major investment plans powered by 'Tata family'

UK-based Jaguar Land Rover (JLR) luxury carmaker on Wednesday announced a major investment plan of GBP 15 billion over five years, backed up by a Gigafactory planned by Indian parent company Tata Group in Europe. JLR Chief Executive Adrian Mardell confirmed plans for the company's plant in Halewood, north-west England, to become an all-electric production facility as he reaffirmed the firm's commitment to the Reimagine strategy, which will reposition the luxury car manufacturer as an electric-first company by 2030. He also revealed that JLR would be the anchor customer of the Tata Group's proposed Gigafactory, an announcement related to which he said is hopefully imminent. JLR will not be building a Gigafactory; that is not within our plans. Tata will be building a Gigafactory. We are clear it's going to be in Europe. A final destination hasn't yet been chosen," Mardell told reporters at a media event in Gaydon, the company's base in the West Midlands region of England. The importa

Tata Motors posts 8% jump in group global wholesales in January-March

Tata Motors on Friday reported an 8 per cent year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR), at 3,61,361 units in the fourth quarter of FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in the January-March period this year stood at 1,18,321 units, up 3 per cent over the same period of FY22, Tata Motors said in a statement. Dispatches of all passenger vehicles in the fourth quarter increased 10 per cent to 1,35,654 units over the corresponding quarter of the previous fiscal, it said. Global sales of JLR stood at 1,07,386 vehicles in the March quarter, which comprised 15,499 units of Jaguar and 91,887 units of Land Rover, it said.

Tata Motors up 1% in weak market as Tata Technologies files DRHP with Sebi

This possible IPO along with the receipt of consideration of EV deal with TPG will support FCF generation from the India business to attain near debt zero in the India business, MOFSL said.

Tata Technologies, a unit of Tata Motors, seeks Sebi approval for IPO

The initial sale in the engineering unit of luxury carmaker Jaguar Land Rover's owner will comprise a 23.6% stake, according to a filing

Rajan Amba to take over as JLR managing director, succeeds Rohit Suri

Appointment comes at a time when JLR is facing supply chain issues hampering its production

Tata Motors surges 6%, hits over 4-month high on strong Q3 performance

Tata Motors will benefit from a macro recovery in India, company-specific volume/margin drivers, and a sharp improvement in FCF and leverage in both JLR and India ops, Motilal Oswal said in a note.

JLR Swings to profit after output of new range rover model doubles

Earlier this month, JLR said it might miss a target of becoming net-debt free by next year as the supply-chain crisis crimped output

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