Home Business Tata Motors, Sona BLW Precision, JBM Auto, Olectra Greentech: EV Stocks After Launch Of NSE Nifty EV Index Check performance of EV Stocks after NSE Indices Ltd, launched the EV and new-age automotive index. NSE Indices Ltd, a subsidiary of the National Stock Exchange, on Thursday launched the EV and new-age automotive index … Read more
Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a stock exchange filing. The company is ‘cautiously optimistic’ on domestic demand over the full year, but expects the first half of the financial year to … Read more
Home Business Tata Motors Share Price Falling In Today’s Session; What Could Have Been The Reason? Tata Motors share has been trading lower on stock market after it reported its Q4 results last week. Tata Motors Share Price: Tata Motors shares again fell on Thursday (May 16, 2024) by 2.60 per cent on BSE in … Read more
Tata Motors will be hiking the prices of its commercial vehicles from April 1, 2024 to offset the residual impact of past input costs, the company said in a stock exchange intimation on Thursday. The prices will be hiked by 2 per cent, it said. “While the price increase will vary as per individual model … Read more
Shares of Tata Motors on Tuesday rallied 7.9% as investors pinned hopes on better value discovery from the proposed demerger of its passenger vehicle and commercial vehicle businesses. Both Morgan Stanley and JP Morgan gave overweight ratings on the Tata stock which hit a fresh 52-week high of Rs 1,065.60. The stock is, however, already … Read more
Home Business Tata Motors Stock Surge After It Demerges Its CV and PV Businesses Into Separate Listed Companies Tata Motors’ business demerger will be implemented after a NCLT scheme of arrangement, and all shareholders of TML will continue to have identical shareholding in both of the listed entities. Tata Motors Business Demerger: Tata Motors on … Read more
Shares of Tata Motors rallied 6% to hit the 52-week high at Rs 802.6 in Friday’s trade, backed by heavy volumes on the NSE. A total of 2,11,18,340 equity shares worth Rs 1,655.5 crore changed hands so far. Meanwhile, the rally in the stock was also led by the government’s plan to replace 800,000 diesel … Read more
Shedding its ‘underperformer’ tag of the past four years, the Indian auto sector is all set to post a double-digit earnings CAGR over FY23-26E making it a prize catch for the investors, Jefferies said in a note while picking 9 stocks as buys out of the 11 in its auto universe coverage. Jefferies picks Tata … Read more