Tata Motors Stock Price Updates: Find here all the updates related to Tata Motors share price and major stock-related updates.

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  • June 12, 2024 15:37

    Tata Motors Share Price Live Updates: The stock closed at ₹989.20 on the NSE on Wednesday, up by 0.20%, and at ₹989.10 on the NSE, up by 0.20%.

  • June 12, 2024 14:52

    Tata Motors Live News Updates: Tata Motors plans PV, EV, JLR synergies through demerger

    A research on Tata Motors highlights the company’s strong performance across key segments in FY24, despite looming challenges, particularly within its Jaguar Land Rover (JLR) division. The focus lies on the ongoing demerger process, as management views the separation of commercial vehicle and passenger vehicle businesses as a strategic move. With both segments having achieved growth, the demerger aims to unlock synergies within the PV, EV, and JLR realms. The NCLT scheme is set to be presented before the board for approval.

  • June 12, 2024 14:44

    Tata Motors Stock Price Live Updates: The shares were up by 0.37% to ₹990.75 on the BSE and by 0.35% to ₹990.55 on the NSE at 2.41 p.m.

  • June 12, 2024 13:44

    Tata Motors Live News Updates: Tata Motors boosts capacity with Sanand-2 facility expansion

    Tata Motors expanded its capacity by operationalizing the Sanand-2 facility. The factory was retooled in 12 months and began production in Jan’24. It is currently producing 6-7 units per month, with an expected increase to 13-14k units soon. The Sanand-2 facility provides an annual capacity of 300k units, expandable to 420k units, bringing our overall capacity to over 1m units. The plant features high levels of digitization and automation. It will leverage synergies with its adjacent facility and the nearby vendor park. The shares were up by 0.40% to Rs 991 on the BSE.

  • June 12, 2024 12:56

    Tata Motors Stock Price Live Updates: The shares were up by 0.45% to ₹991.55 on the BSE and by 0.51% to ₹992.10 on the NSE at 12.52 p.m.

  • June 12, 2024 12:46

    Tata Motors Live Updates: Tata Motors to design cells in-house, localise components: Report

    According to a report by Motilal Oswal on Tata Motors, India’s battery raw material landscape faces challenges with domestic sourcing of critical components like cathode and anode materials, dominated by China’s 70% production share. Tata Group is exploring opportunities in manufacturing lithium iron phosphate (LFP) cathodes, addressing the scarcity of cathode manufacturers despite a proliferating battery industry and falling raw material prices due to weak EV demand. Tata Motors localized its auto component supply chain, excluding cells and semiconductors, with plans to design cells in-house by FY25, develop electric compressors with 50% localization, and fast chargers with TCS by November 2024.

  • June 12, 2024 12:27

    Tata Motors Share Price Live Updates: The shares were up by 0.68% to ₹993.80 on the BSE.

  • June 12, 2024 11:02

    Tata Motors Share Price Live Updates: The shares were up by 0.81% to ₹995.05 on the BSE at 11.02 a.m.

  • June 12, 2024 10:32

    Tata Motors Live News: Motilal Oswal expects stable JLR margins amid cost pressures

    A report by Motilal Oswal stated, “We expect Jaguar Land Rover (JLR) to maintain stable margins over FY24-26, despite facing rising cost pressures due to investments in demand generation, a normalizing product mix, and the ramp-up of electric vehicles (EVs), which are anticipated to be margin-dilutive. In India, the commercial vehicle (CV) and passenger vehicle (PV) businesses are experiencing a moderation in demand, leading us to project flat margins for the Indian operations during this forecast period. Although Tata Motors Limited showcased robust performance across its key segments in FY24, the aforementioned challenges could impact its future performance. The stock is currently trading at 17x and 14.6x FY25E and FY26E consolidated EPS, respectively, and at 5.9x and 4.9x EV/EBITDA. We reiterate a Neutral rating with an FY26E sum-of-the-parts (SOTP)-based target price (TP) of ₹955.”

  • June 12, 2024 10:30

    Tata Motors Live Updates: Tata Motors targets 1 million PV capacity, 20% market share

    The company plans to increase its passenger vehicle (PV) capacity to around 1 million units by ramping up the Sanand plant-2 and aims to raise its market share in PVs to 20% by FY30 from the current 14%. This will be achieved by addressing 80% of the PV market, up from the current 52%, with new models like Curvv, Sierra, and Avinya, as well as a corresponding electric vehicle (EV) portfolio of 10 models. Tata Motors also aims to achieve 10% EBITDAM in PVs and become EBITDA neutral in EVs by FY26.

  • June 12, 2024 10:28

    Tata Motors Stock Price Live Today: Tata Motors aims for 4-5% CAGR in CV segment

    Tata Motors, according to a report by ICICI Securities, is focusing on achieving a structurally profitable and sustainable growth path for its India business. During the Investor Day held on June 11, 2024, key takeaways included targeting a 4-5% TIV CAGR in commercial vehicles (CVs) over FY24-29, with an aim to improve market share, maintain EBITDAM above 10%, and achieve consistent free cash flow (FCF) generation.

  • June 12, 2024 10:27

    Tata Motors Share Price Live Updates: Tata Motors Ltd.’s shares were up by 1.22% to ₹995.15 on the NSE.