Page 29 - Tata Motors

Tata Motors to set up manufacturing unit in Tamil Nadu, invest Rs 9,000 cr

Automaker's plan spreads over 5 years, expected to create more than 5,000 jobs

These 2 Tata Group stocks can dip up to 16% in the near term, charts hint

Tata Chemicals had rallied 46 per cent in the last six trading sessions; a 50 per cent retracement of the rally could see the stock dip to Rs 1,217, shows chart

Tata Motors to hike commercial vehicle prices by up to 2% from April 1

Tata Motors, India's top automaker by revenue, had last hiked prices for its CV range by up to 3% in January

Different lanes

Tata Motors demerger will improve efficiency

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

Tata Motors, NTPC, Platinum Industries, Exicom Tele-Systems in focus

Exicom Tele-Systems: Shares of the company will list on the stock exchanges today. The final issue price is Rs. 142 per share.

Tata Motors demerger a positive move, but no immediate gains seen

The company will be transformed into two listed firms with the commercial vehicles (CVs) business in one and passenger vehicles (PVs), including Jaguar Land Rover (JLR), in the other

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 Sons may fetch valuation up to $96 billion in IPO, says Spark

Based on a peak valuation of $96 billion, even a 5% stake in the company would still be worth more than Life Insurance Corp of India's $2.7 billion IPO in 2022

Tata Motors demerger: Stock can potentially rally another 27%; hints chart

The stock Tata Motors has so far rallied 32 per cent in 2024, and a solid 145 per cent in FY24. Charts suggest that the bias is likely to remain bullish as long as the stock trades above Rs 975.

Tata Motors tops Rs 1,000; surges 5% on demerger plan of CV, PV businesses

While the demerger seems to be a step in the right direction, Motilal Oswal Financial Services said they do not foresee any need to revisit its target price

Here's why you should keep an eye on Tata Motors shares on Tuesday, March 5

The board of Tata Motors Ltd (TML), after market hours on Monday, gave approval to a proposal to demerge the automobile maker into two separate listed companies

Stocks to watch: Tata Motors, M&M, IIFL Fin, NTPC, AU SFB, Godrej Agrovet

Stocks to track on 05, March 2024: The Reserve Bank of India has approved the amalgamation of Fincare Small Finance Bank with Jaipur-based AU Small Finance Bank

Tata Motors to split CV, PV businesses into separate listed companies

Analysts feel move will allow them to fetch better valuation for PV business that houses the EV biz

Tata Motors, M&M, Ola Electric to get double benefit of auto PLI, FAME

These three firms were receiving subsidies under the ongoing Faster Adoption & Manufacturing of Electric Vehicles in India (FAME India) scheme, valid till this month

Tata Motors to demerge businesses into two separate listed companies

The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of Tata Motors shall continue to have identical shareholding in both the listed entities

Tata Motors plans to demerge business into two separate companies

'The demerger is a logical progression of the subsidiarisation of PV and EV businesses done earlier in 2022 and shall further empower the respective businesses,' Tata Motors said in a statement

Fri-yay! RIL, ICICI Bank, Tata Motors, Grasim, Adani Ports hit new highs

Zomato, Ambuja Cements, Cipla, Tata Motors DVR, United Spirits were among notable stocks from the S&P BSE 200 index that, too, hit their respective record highs

Tata Motors reports 8% wholesales increase in February at 86,406 units

Tata Motors on Friday reported an 8 per cent rise in its total wholesales to 86,406 units in February as compared with 79,705 units in the same month last year. The total domestic sales stood at 84,834 units last month against 78,006 units last month, a growth of 9 per cent, Tata Motors said in a regulatory filing. Sales of passenger vehicles, including electric vehicles, in the domestic market, were at 51,321 units as compared to 43,140 units in the year-ago month, up 19 per cent, it added. Total commercial vehicle sales declined by 4 per cent last month to 35,085 units from 36,565 units in February 2023, it added.

Tata JLR aims to generate over a third of its own power globally by 2030

The company said work would start this year on the automaker's first three UK solar projects in Gaydon, Halewood and Wolverhampton, which should be completed by the end of 2026