Tata Motors Ltd., integrated within the 12 months 1945, is a Massive Cap firm (having a market cap of Rs 134752.46 Crore) working in Auto sector.
Tata Motors Ltd. key Merchandise/Income Segments embody Motor Autos, Spare Components & Others, Miscellaneous Items, Different Working Income and Sale of companies for the 12 months ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the corporate reported a Consolidated Whole Earnings of Rs 79341.61 Crore, up 8.79 % from final quarter Whole Earnings of Rs 72931.86 Crore and down -11.17 % from final 12 months similar quarter Whole Earnings of Rs 89319.34 Crore. Firm reported web revenue after tax of Rs -1099.32 Crore in newest quarter.
Funding Rationale
Continued market share positive factors within the home PV enterprise, CV upcycle and supply on FCF era (intention is to be auto debt-free by FY24E) coupled with aggression in constructing the EV portfolio resonate nicely with investor expectations. For JLR, manufacturing restoration amidst 168k unit orderbook and low stock ranges amidst weak macros in goal markets, would assist it by way of the present powerful occasions by rising on a benign base. The brokerage maintains BUY with a revised goal value of Rs677 (earlier: Rs703).
Promoter/FII Holdings
Promoters held 46.4 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 14.45 per cent, DIIs 14.39 per cent.
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