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20 April 2020

 Tata Motors' Jan-Mar global wholesales down 35% at 2,31,929 units PTI, New
Delhi, APR 20 2020, 16:55 ISTUPDATED: APR 20 2020, 17:57 IST Workers
assemble a Tata Tigor car inside the Tata Motors car plant in Sanand, on the
outskirts of Ahmedabad.
 Tata Motors on Monday said its group global wholesales, including Jaguar
Land Rover, stood at at 2,31,929 units in the January-March quarter, lower by
35 per cent over last year.
 The company said its global wholesales of all passenger vehicles in the fourth
quarter of 2019-20 were at 1,59,321 units lower by 26 per cent from the year-
ago period, Tata Motors said in a statement.
 Global wholesales for Jaguar Land Rover were 1,26,979 units. Jaguar
wholesales for the quarter were 32,940 units, while Land Rover wholesales
were at 94,039 units. In the commercial vehicles segment, global wholesales
of all Tata Motors and Tata Dae... Tata Daewoo range in Q4 FY20 were at
72,608 units, lower by 49 per cent from Q4 FY19, the company said. 

Read more at: https://www.deccanherald.com/business/tata-motors-jan-mar-

global-wholesales-down-35-at-231929-units-827715.html




15 june 2020

 Tata Motors reports massive Rs 9,864 cr net loss for Mar quarter
 : 
 Tata Motors
  NSE 2.00 % on Monday posted consolidated net loss at Rs 9,863.75 crore for the quarter ended March 31. It had
reported a net profit of Rs 1,108.66 crore in the same period last year.
 Analysts in an ETNow poll had projected a net loss of Rs 1,300 crore.

Total revenue from operations declined to Rs 62,492.96 crore during the quarter under review. It had posted revenue at
Rs 86,422.33 crore in the corresponding quarter, last year.
Hit by pandemic, company’s flagship subsidiary, Jaguar Land Rover (JLR) suffered a loss of £501 million in the March
quarter and £422 million for the full year on revenues of £5.4 billion and £23 billion, respectively.
EBITDA margin of the company dropped 510 basis points to 4.6 per cent.

“After Jaguar Land Rover's return to profit in the second and third quarters, which reflected improvements achieved
through its transformation programme, fourth quarter results were significantly impacted by the pandemic. In India,
demand which was already adversely impacted by the general economic slowdown, liquidity stress and stock
corrections due to BSVI transition, was further affected by the lockdown,” the company said in a release.
Sales for JLR fell 12 per cent in the full year to 5,08,700 units while its Indian businesses saw 22 per cent drop in
 commercial vehicles sales and 25 per cent plunge in personal vehicles.

“In China, we are beginning to see recovery in vehicle sales and customers are returning to our showrooms. Our
operational fitness gives me confidence that we can weather this storm,” said Ralf Speth, Chief Executive at JLR.
 Free cash flow in the year was negative Rs 9,200 crore (as compared to negative Rs 9,200 crore in FY19) reflecting
lower profitability and adverse working capital due primarily in India business.

 Read more at:

https://economictimes.indiatimes.com/markets/stocks/earnings/tata-motors-q4-results-automaker-reports-rs-
9864-crore-net-loss-jlr-loss-at-501-million/articleshow/76387226.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 Publish date: 27th June, 2018

On 25th June, news headlines announced that Tata Motors plans to invest Rs 1.2 lakh crore
in Jaguar Land Rover (JLR) over the next three years.
Usually, investment plans cheer markets. However, this time, stock prices of Tata
Motors fell 6% on the day of announcement. It was followed by another 4% correction on
26th June. This is a continuation of a near-35% fall in stock prices in the last 1 year,
underperforming the Auto index, which rose nearly 7% over the same period.
So why did investors react negatively over the last two days? The answer lies—as it usually
does—in the fine print.

Why the sharp correction in Tata Motors?

For a long time, Tata Motors and JLR thrived on the diesel model in the auto industry. Diesel
forms nearly 35% of JLR’s volumes.
However, public perception of diesel cars and their environmental effects changed
drastically after the Volkswagen episode a couple of years back. Car buyers are becoming
increasingly sceptical about diesel cars. They are now looking for cars that are more
environment-friendly. In the last fiscal ending March 2018, the share of diesel cars in this
region has come down to 87% from 93%.

In addition, JLR’s UK volumes have also been hit because of uncertainty over the timing and
implications of BREXIT (Britain exiting the EU).

On the financial front, while EBITDA margins are likely to be flat, the company is likely to
stay in positive free cash flows (FCF) in the coming years.

Related: How tracking EBITDA helps | 5 things to know about cash flows

Another worry is that the US President indicated that they are looking at imposing tariffs on
cars that are imported from Europe. JLR does not have a plant in US. It exports to US, which
is a key market, from its UK plants.

Bullish on Tata Motors: Is Tata Motors Undervalued?

The sharp fall in the price of Tata Motors has been quite paradoxical because most
analysts continue to believe that the stock has value in it. There is almost a unanimous view
that Tata Motors is undervalued.
Why we have a ‘BUY’ rating on Tata Motors
The company has maintained its guidance on growth despite immediate worries over the
diesel composition. We feel that over the next few quarters, the traction of growth and
diversification will work in favour of Tata Motors. It would, however, be instructive to also
look at how the company is calibrating its future plans and how it is combining the troika of
alternate push, cost optimization and China focus to create a new growth trajectory in the
future. Here is why:
 As the focus on fossil fuels progressively reduces, the answer to running the billions of
cars will be batteries.

 JLR is betting heavily on its I-Pace Electric Vehicles which are likely to have a high level
of efficiency (260-290 miles driving with one charge).

 JLR plans to increase production in low-cost zones like Slovakia and also increase
localization across India, China, Hungary and Slovakia.

 Tata Motors plans to increase focus on automation and robotics in high-cost centres.

Also, development costs are planned to be reduced through in-house engineering.
 The company plans to increase its dealer network by 15% to 1,800 by the year 2023.
Also 100% dealers are expected to be upgraded to the ARCH dealer network where the
customer turnaround is higher by nearly 7%.

 The one big take away from the JLR analyst meet was that the focus on China as the
future engine of growth will continue.

 By 2021, China will move to being the largest market by a margin from being the fourth
largest market for JLR today.

Where does Tata Motors go from here?

We have a price target of Rs.445 on Tata Motors, implying 60% upside in the stock from
current levels. The EPS for Tata Motors is expected to double between 2018 and 2020. That
means, the stock is available at a PE ratio of 8x 2020 EPS. This can also be supported by a
310 basis points in the ROE over the next 2 years. That can leave a margin of safety for the
investor.
Want to read the detailed report on the JLR Analyst Meet?

https://www.kotaksecurities.com/ksweb/articles/tata-motors-why-it-can-be-a-value-buy
Tata Steel share price jumps 5%
despite Jan-Mar quarter loss; here’s
why investors are unfazed by
Q4 results
By: Surbhi Jain | 
June 30, 2020 11:33 AM

The Ebitda (earnings before interest, tax, depreciation and amortisation) of Tata Steel
fell by a sharp 40 per cent at Rs 4,669 crore but was ahead of estimates

Tata Steel said its operations were severely impacted due to Covid-19 related lockdowns

Tata Steel share price jumped 5 per cent to hit day’s high of Rs 337.60 apiece on BSE,
despite a consolidated net loss of Rs 1,236 crore in the January-March quarter of the
financial year 2019-20. The company had reported a net profit of Rs 2,353 crore during
the same period last year. Tata Steel was the top Sensex gainer in today’s trade. Tata
Steel shares touched a 52-week low of Rs 250.90 on March 30, 2020. The stock has
rallied 35 per cent from its March lows. With today’s gain in the stock price, market
capitalisation of Tata Steel stands at Rs 38,370.44 crore. While it had hit a 52-week
high of Rs 514.75 in July last year.
Research and brokerage firm Motilal Oswal Financial Services has maintained a neutral
rating on the stock after the result announcement. The Ebitda (earnings before interest,
tax, depreciation and amortisation) fell by a sharp 40 per cent at Rs 4,669 crore but was
ahead of estimates. Tata Steel Europe and Tata Steel BSL reported positive EBITDA, of
Rs 650 million and Rs 7.7 billion, respectively. The brokerage firm highlighted that
EBITDA, however, was up 28 per cent sequentially, which was 15 per cent higher than
its estimate of Rs 4,040 crore, led by improved performances from Europe and Tata
Steel BSL..
Around 10.45 AM, Tata Steel shares were trading 4.23 per cent higher at Rs 334.85
apiece as compared to a 0.61 per cent rise in the S&P BSE Sensex at 35,176. The
company said its operations were severely impacted due to Covid-19 related
lockdowns. In view of such lockdowns, operations at the Group’s steelmaking facilities
in India have been scaled down from the end week of March 2020.
Besides Tata Steel, other metal stocks were also trading higher. The S&P BSE Metal
index was trading over 2 per cent higher at 7,346.86 levels. SAIL was up 5 per cent,
Jindal Steel gained over 4 per cent, NMDC added 3.27 per cent, Hindalco was up 3.6
per cent, Coal India rose 0.67 per cent. Only Vedanta shares were trading red on BSE
Metal index.
“Given the heightened uncertainty due to the Covid-19 pandemic, we are focused on
conserving cash and ensuring adequate liquidity to face potential disruptions in the
operating environment. We also raised additional funds of Rs 4,900 crore to build a
contingency buffer,” said Koushik Chatterjee, executive director and chief financial
officer, Tata Steel.
https://www.financialexpress.com/market/tata-steel-share-price-jumps-5-despite-jan-mar-quarter-loss-heres-why-investors-are-
unfazed-by-q4-results/2008480/

31 july 2020
Tata motors ltd. reported yet another quarterly loss as the Covid-19 pandemic
caused a slump in sales in India and overseas. Net loss stood at Rs 8,438
crore in the quarter ended June compared with a loss of Rs 3,698 crore a year
ago, the automaker said in an exchange filing. Analysts’ estimates compiled
by Bloomberg had pegged the loss at Rs 9,620 crore

Tata Motors has now reported a loss in seven of the last nine quarters.
Revenue fell 48% year-on-year to Rs 31,983 crore—higher than the Rs 28,247
crore estimate. Operating profit fell 79% to Rs 653.3 crore. Margin narrowed to
2% compared with 4.87% earlier.

Indian automakers bore the full brunt of the lockdowns across the globe as
sales tumbled due to dealerships being closed for large parts of the quarter.
Automakers had witnessed a near-complete washout in April. Sales slightly
improved in May and June as restrictions eased. That came at a time when
vehicle manufacturers were already battling an industry-wide sales slowdown.

“The Covid-19 pandemic has deeply impacted the auto industry in Q1FY21,”
said Chief Executive Officer Guenter Butschek in a media statement. “Even as
we continue to address the challenges, we see some disruption due to the
intermittent shutdowns and supply chain bottlenecks.” Tata Motors’ luxury car
unit Jaguar Land Rover, too, has been facing a prolonged sales slump which
was exacerbated by the pandemic. JLR has been grappling with uncertainty
surrounding Brexit, stricter emission rules in Europe and a fall in exports to
China—one of its fastest-growing markets.

Still, the company hopes for a revival. “We have witnessed some green shoots
emerging in passenger vehicles owing to some pent up demand pre Covid,
and are hopeful for a full recovery of the commercial vehicle industry by end
of the fiscal year, with a gradual pickup of demand, aligned to the economic
recovery,” Buetschek said.

Tata Motors has tried to combat the lockdown-related slump by cutting jobs
and investments. Last month, it slashed over a thousand more jobs at JLR
and said it will reduce its capital expenditure by 65%. The company also
deferred or cancelled lower margin and non-critical investment. In India, Tata
Motors is looking to hive off its passenger vehicle and electric vehicle
businesses into a subsidiary. It is engaged in talks in several original
equipment manufacturers, it had said in June. The company said it will
commit to “significantly” deleveraging the business and aim to generate
positive cash flows for the rest of the year.

Shares of the automaker ended 0.96% higher, ahead of the quarterly results,
while the benchmark BSE Sensex ended trade 0.34% down.
Read more at: https://www.bloombergquint.com/quarterly-earnings/tata-
motors-q1-results-yet-another-quarterly-loss-as-covid-19-hits-sales
Copyright © BloombergQuint

Tata Motors share rises 8% despite Rs

8,443-crore loss in Q1; here's why
Share price of Tata Motors rose 8.31%  to Rs 113.40 against previous close of
Rs 104.70 on BSE
BusinessToday.In | August 3, 2020 | Updated 11:38 IST

Tata Motors share price gained over 8% in early trade today after the auto
maker reported earnings for June quarter.  Share price of Tata Motors rose
8.31%  to Rs 113.40 against previous close of Rs 104.70 on BSE. The large cap
stock has risen after 6.89% in two days. The share trades higher than 5 day, 20
day, 50 day and 100 day moving averages but lower than 200 day moving
averages.
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Market cap of Tata Motors rose to Rs 33,700 crore today. The stock has lost
15.81% during the last one year and fallen 40.6% since the beginning of this
year. However, in last one month, the stock has gained 6.28% against 3.25%
rise in Sensex during the period.  The stock hit 52-week high of Rs 201.80 on
January 15 this year and fell to 52-week low of Rs 63.60 on March 24, 2020.
Total 71.92 lakh shares changed hands amounting to turnover of Rs 79.76
crore. The Tata Group firm reported a consolidated net loss of Rs 8,443.98
crore in Q1 against net loss of Rs 3,679.66 crore in the year-ago quarter.  Total
income from operations in Q1 stood at Rs 31,983.06 crore against Rs
61,466.99 crore in the corresponding quarter of the last fiscal.
The company''s British arm Jaguar Land Rover (JLR) reported a 44 per cent
dip in net revenue at 2.9 billion pounds during the first quarter.  The
company''s British arm Jaguar Land Rover (JLR) reported a 44 per cent dip in
net revenue at 2.9 billion pounds during the first quarter.
Its pre-tax loss for the period stood at 413 million pounds as compared to the
same period a year ago. During the quarter, JLR reported a 42.4 per cent
decline in its global retail sales at 74,067 units.
However, brokerages are bullish on the share of the firm.
CLSA  said Q1 significant beat driven by aggressive cost reduction. Both JLR
and India surprised on EBITDA & FCF despite volume declines of 45-82%
YoY. Management continues to guide for positive FCF in 2Q-4QFY21 and
FY22. The brokerage upgraded stock to Buy with a target price of Rs 135.
CITI said Q1 of FY21 was better than (muted) expectations. It maintained a
buy stance on the stock with a target price of Rs 155.  The brokerage expects
multiple drivers for JLR's volume improvement, which should boost profits,
due to operating leverage. 
Credit Suisse  said valuations of stock were benign. JLR trades at close to
bottom of its historical range. It raised target price of the stock to Rs 113  and
expects EPS to rise by 1-2% in FY21-23.
Motilal Oswal said, "We expect losses to gradually reduce in coming quarters
and turn profitable only from 4QFY21. We have lowered our FY21E loss
estimates by 8% to factor in faster JLR volume recovery and cost cutting
initiatives." The brokerage maintains buy with target price of Rs 127.

Why Tata Motors share has gained 13%

in two days
Tata Motors stock rose up to 9.41% to Rs 139 during the day. Later, the
share closed 8.50% or Rs 10.80 higher at Rs 137.85
BusinessToday.In | August 26, 2020 | Updated 18:19 IST

Share of Tata Motors extended gains for the second straight session today
after the auto firm said it would reduce group automotive debt of Rs 48,000
crore ($6.4 billion) to zero in the next three years. The stock has gained
13.97%  in the last 3 days. The stock hit 52-week high of Rs 201.80 on January
15 this year and fell to 52-week low of Rs 63.60 on March 24, 2020.
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Total 95.07 lakh shares changed hands amounting to turnover of Rs 127.39

crore. The stock opened 2.16% higher at 129.80 against previous close of Rs
127.05  on BSE.
The stock rose up to 9.41% to Rs 139 during the day. Later, the share closed
8.50% or Rs 10.80 higher at Rs 137.85. In two sessions, the share has gained
13.33% on a closing basis.
On Tuesday, the stock closed 4.83% higher on BSE. Tata Motors share stands
higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
The share has gained 24.75% during one year and lost 25% since the beginning
of this year.
In a month, the share has climbed 32.87%.
Market cap of Tata Motors rose to Rs 42,581 crore today. 
Tata Motors to cut debt to zero; Tim Cook completes 9 years as Apple CEO
Tata Motors is "deleveraging this business substantially" and has set targets to
generate free cash flows, said chairman N Chandrasekaran during the annual
shareholder meeting on Tuesday.
"The company is working with agility to transform towards a future that is
strong, sustainable, and financially rewarding," Chandrasekaran said, adding
that the group would also look to "unlock non-core investments".
Tata Motors' domestic business is expected to generate free cash flows from
fiscal year 2021 while JLR will achieve this a year later in 2022, said CFO P B
Balaji said during the virtual shareholder meeting.
Meanwhile, benchmark indices rose for the fourth consecutive session led by
gains in auto stocks after FM Nirmala Sitharaman said GST Council would
consider the proposal to reduce tax on two-wheelers. Sensex ended 230 points
higher at 39,073 and Nifty gained 77 points to 11,549.
Cutting consolidated debt to zero in 3 years top priority: Tata Motors
Chairman N Chandrasekaran

Tata Motors share rose 140% in five

months, here's why
Tata Motors share, which fell to a 52-week low of Rs 63.60 on March 24,
touched Rs 152 intra day today doubling investor wealth during the period
Aseem Thapliyal | September 7, 2020 | Updated 17:32 IST

Shares of homegrown auto maker Tata Motors have risen 139.50% in over five
months. Tata Motors share, which fell to a 52-week low of Rs 63.60 on March
24, touched Rs 152 intra day today doubling investor wealth during the period.
In comparison, benchmark Sensex gained 44% since March 24.
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However, Tata Motors share gradually slipped from nearly Rs 600 level in
September 2016 to Rs 63.60 on March 24 hit by lower growth in sales
compared to competitors amid the global slowdown and coronavirus
pandemic.
A fall in net profit from Rs 13,986 crore in fiscal ended March 2015 to a loss of
Rs 12,070 crore has taken a toll on the Tata Motors share. Earnings per share
(EPS) too has deteriorated  from Rs 42.99 for March 2015 fiscal to a negative
Rs 33.55 in last fiscal.

With economic slowdown affecting global economy, sales of its subsidiary

Jaguar Land  Rover too have fallen in ley markets such as China, US  and UK.
The deteriorating financial state of the home-grown auto firm is also an
aftereffect of rising debt. On November 12, 2019, Moody's Investors Service
said country's largest automobile manufacturer faces acute challenges in
sluggish economic growth, weak liquidity, and tight financing norms.
Tata Motor's passenger vehicle (PV) sales volumes fell 41 per cent in the first
half of 2019-20, while volumes of commercial vehicles declined 29.5 per cent
over the same period.

In Q1 of the current fiscal, the Tata Group firm widened consolidated net loss
to Rs 8,443.98 crore against a net loss of Rs 3,679.66 crore in the year-ago
quarter hit hard by the coronavirus pandemic.
However, Motilal Oswal was optimistic about the recovery of the firm from the
fourth quarter and said, "We expect losses to gradually reduce in coming
quarters and turn profitable only from 4QFY21. We have lowered our FY21E
loss estimates by 8% to factor in faster JLR volume recovery and cost cutting
initiatives."
Post Q1 results, the company management highlighted that Q2FY21 will be
significantly better than Q1FY21 in terms of volumes and profitability.
The optimism around financial performance of the stock has helped it recover
partially.
In August-end, the top management of Tata Motors announced to reduce its
total automotive debt of around Rs 48,000 crore as of FY2020 to the levels of
zero in the next three years. The announcement also helped the stock rally in
last one week.
Rise in sales during the last few months due to availability of different models
in the firm's line up has also led the stock higher since  March.
BusinessToday.In spoke to analysts about the reasons as the stock has doubled
in the last few months and here's what they said.
Vinod Nair from Geojit Financial said, "There are three levers that we have
identified for growth. Firstly, passenger vehicles are rising after touching a
historical low in FY20. All face lift models launched in January 2020 have
been accepted well by the market. Nexon, Tiago and Tigor and the addition of
Altroz are highly appreciated by the end consumers. Sales of the Harrier and
Nexon have increased significantly compared to the monthly average sales of
last year.
Meanwhile, urban buyers are now willing to consider Tata-branded cars and
SUVs. In August, passenger vehicles registered a volume growth of 154% YoY.
From April to July, the company has improved its domestic car market share
from 3% to 6%, respectively.

Secondly, the auto firm said it would reduce group automotive debt of Rs
48,000 crore ($6.4 billion) to zero in the next three years. This has further
boosted confidence in the stock.
The third lever is defence. Tata is one of the largest providers of logistic
vehicles to the armed forces, and will continue to position mobility products
and solutions in an accelerated manner. We believe any structural change
would re-rate the valuation. The stock has corrected from its 3 year high of Rs
432, due to lower sales from JLR. On a standalone basis, the stock is currently
trading at 16 times, which is 13% discount to its 3-year historical average.
Currently, we have a hold rating on the stock."
Rusmik Oza, Executive Vice President, Head of Fundamental Research at
Kotak Securities said, "August monthly PV sales of Tata Motors rose to 18,583
units against 7,316 a year ago (YoY rise of 154%). Unlike past, the firm now
has a diversified product portfolio in the personal vehicles space with brands
such as Nexon, Tiago, Harrier and Altroz.
JLR has introduced project Charge Plus with a focus to save additional GBP
3.1 bn (from GBP2.1 bn earlier) till FY21E. On the EV space, the company
continues to move ahead with the launch of series of plug-in hybrid vehicles
by the end of FY21."
Abhijeet Ramachandran from Tips2trade said,"Tata Motors stock price has
done well as overall risk appetite towards high risk sectors including auto has
clearly returned. Even though the stock price has moved up based on the
management's commitment of reducing the debt burden considerably over the
next few years, we advise that investors should book some profits at current
levels as the stock is technically in overbought zone. A correction till Rs 120-
130 levels can be looked at for re-entry at higher targets of  Rs 160-180 in the
coming months."

NEW DELHI: Shares of 

Tata Motors Ltd.
18 SEPT 2020
 NSE 0.22 % traded 1.15 per cent up in Friday's trade at 12:41PM (IST). Around 107694 shares changed hands on the counter.
The stock opened at Rs 66 and touched an intraday high and low of Rs 67 and Rs 65.75, respectively, in the session so far.
The stock quoted a 52-week high of Rs 213.65 and a 52-week low of Rs 63.5.

Financials
Tata Motors Ltd., incorporated ..

Read more at:

https://economictimes.indiatimes.com/markets/stocks/news/stock-market-news-tata-motors-shares-gain-1/
articleshow/78183261.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 31481.86 Crore, down -49.18 per cent
from last quarter Sales of Rs 61949.39 Crore and down 48.25 per cent from last year same quarter Sales of Rs 60830.16 Crore
Company has reported net profit after tax of Rs -8384.22 Crore in latest quarter.

Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles which contributed Rs 57868.04 Crore to Sales Value
(97.05 per cent of Total Sales), Other ..

Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles which contributed Rs 57868.04 Crore to Sales Value
(97.05 per cent of Total Sales), Other Operating Revenue which contributed Rs 1390.36 Crore to Sales Value (2.33 per cent of
Total Sales), Sale of services which contributed Rs 365.17 Crore to Sales Value (0.61 per cent of Total Sales) and Income From
Financial Services which contributed Rs 1.12 Crore to Sales Value for the year ending 31-Mar-2018.

Promote ..
Promoter holding
Promoters held 42.39 per cent stake in the company as of quarter ended 31st Jun 2020.

Valuation ratio
It quoted a price-to-earnings ratio of -2.75 and price to book value of 0.41.

Read more at:

https://economictimes.indiatimes.com/markets/stocks/news/stock-market-news-tata-motors-shares-gain-1/
articleshow/78183261.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Stock market news: Tata Motors shares climbs over 3%

Read more at:

https://economictimes.indiatimes.com/markets/stocks/news/stock-market-news-tata-motors-shares-climbs-over-3/
articleshow/78310982.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

https://economictimes.indiatimes.com/markets/stocks/news/stock-market-news-tata-motors-shares-climbs-over-3/
articleshow/78310982.cms 25th sept 2020

3rd quarter results

For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 52839.02 Crore, up 67.84 % from last
quarter Sales of Rs 31481.86 Crore and down -18.41 % from last year same quarter Sales of Rs 64763.39 Crore. Company
reported net profit after tax of Rs -348.16 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 42.4 per cent stake in the company as of March 31, 2020, while FIIs held 16.8 per cent, DIIs 13.6 per cent and
public and other 27.2 per cent

Read more at:

https://economictimes.indiatimes.com/markets/stocks/recos/buy-tata-motors-target-price-rs-230-motilal-oswal/
articleshow/79505451.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Why Tata Motors share rose over 8%
today
Tata Motors shares have risen 9.95% returns in the last 4 days of
consecutive gains. The market capitalisation of the auto stock stood at Rs
44,851.90 crore
BusinessToday.In | October 6, 2020 | Updated 15:43 IST

Tata Motors share price rose over 8% in Tuesday's early session after Jaguar
Land Rover's retail sales in the September quarter grew over 50% than its
preceding quarter.
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Jaguar Land Rover's retail sales for the quarter ending September 30, 2020,
were 113,569 units, up over 50% from sales of 74,067 in the prior quarter,
while down 11.9% from pre-Covid levels a year ago.
Retail sales for other regions also significantly improved from the prior
quarter, including the UK, Europe, North America and overseas, the company
said.
Following the press release, Tata Motors stock price opened with a gain of
2.91% today at Rs 137.80 and later touched an intraday high of Rs 145.1, rising
8.36% over the earlier closing of Rs 133.90. The stock price of Tata Motors
also touched an intraday low of Rs 135.90 on BSE today.
Tata Motors shares have risen 9.95% returns in the last 4 days of consecutive
gains. Tata Motors share is trading higher than 5, 20, 50, 100 and 200-day
moving averages. The market capitalisation of the auto stock stood at Rs
44,851.90 crore.
The company said while the sales have improved on a sequential basis, they
continue to be impacted by Covid-19.
"Covid-19 and second lockdowns continue to impact the global auto industry
but we are pleased to see sales recovering across our markets. In China, the
first region to come out of lockdown, our performance has been particularly
encouraging," the filing added later. 
Tata Motors share price rallies 10%
in just 5 days; stock up 8% today as
JLR Q2 sales rise 53%
By: Surbhi Jain | 
October 6, 2020 11:41 AM

Tata Motors share price rallied over 8 per cent to Rs 144.40 apiece on BSE after Jaguar
Land Rover retail sales grew 50 per cent in the July-September quarter

Tata Motors share price has gained nearly 10 per cent in just 5 trading sessions

Tata Motors share price rallied over 8 per cent to Rs 144.40 apiece on BSE
after Jaguar Land Rover retail sales grew 50 per cent in the July-September quarter.
Retail sales for the quarter ended September 30 were 1.13 lakh units, up 53. 33 per
cent from 74,067 units sold in the previous quarter. In an exchange filing, Tata Motors
said that Jaguar Land Rover retail sales for the three-month period to 30 September
2020 were significantly improved from sales in the preceding quarter but continue to be
impacted by Covid-19. Research and brokerage firm Motilal Oswal Financial
Services has maintained a ‘buy’ rating to the stock with a target price of Rs 226 apiece,
implying a potential upside of 56.5 per cent from today’s high.
Tata Motors share price has gained nearly 10 per cent in just 5 trading sessions. ”Tata
Motors-owned JLR delivered better than expected volume performance in Sept’20 with
a lower decline on yoy basis and more than 60% MoM jump,” Mitul Shah, Vice
President (Research) at Reliance Securities, told Financial Express Online. Moreover,
its profitable market of China reported healthy growth of 30% yoy. “This strong volume
performance of JLR is a key positive for investors. We expect JLR volume to improve
gradually on the back of revival in the global economy going forward,” Shah added.
Tata Motors informed that almost all of Jaguar Land Rover’s retailers worldwide are now
open or partially open and the company’s plants have resumed production with robust
protocol and guidelines to ensure that effective social distancing, hygiene and health
monitoring measures are in place and all sites are Covid-19 secure.
Around 11.15 AM, Tata Motors shares were trading 7.92 per cent at Rs 144.50 apiece
on BSE. In comparison, S&P BSE Sensex was up 0.83 per cent or 323 points to trade
at 39,296. In September, Tata Motors sold a total of 46,109 units, which is a 28 per cent
on-year gain and 26 per cent rise sequentially. In the domestic CV segment, it sold
23,245 units, which grew by 38 per cent on a month-on-month basis. “Tata Motors has
resumed its monthly volume reporting system since the last 2 months,” analysts at
Reliance Securities said.
The launch of the new Land Rover Defender continued and sales gained pace in the
quarter, rising to 4,508 units in the month of September. China sales were also
particularly encouraging, up 14.6% on the prior quarter and 3.7% year-on-year. Jaguar
Land Rover will be releasing its financial results for the quarter to 30 September 2020
later this month

https://www.financialexpress.com/market/tata-motors-share-price-rallies-
10-in-just-5-days-stock-up-8-today-as-jlr-q2-sales-rise-53/2098984/

Why Tata Motors share rose over 3%

today
Tata Motors shares have given 0.67% returns in the last one month. Tata
Motors share price is trading higher than 5, 20, 100 and 200-day moving
averages but lower than 50-day moving averages
BusinessToday.In | November 3, 2020 | Updated 15:53 IST

Shares of homegrown auto major Tata Motors rose over 3% on Tuesday after
the company declared its sales numbers for October.

BUISNESSTODAY.IN

Tata Motors climbs 3% on reports of healthy festive sales

SECTIONS
Tata Motors climbs 3% on reports of healthy fest ..

NEW DELHI: Shares of 

Tata Motors
17 nov
 NSE 0.22 % climbed over 3 per cent in Tuesday's trade after a report suggested that the car maker has seen healthy demand for a
range of vehicles during the festive season.
.

ET NOW quoting sources said bookings for Tata Motors increased by 95 per cent and retail sales were up 90 per cent compared
with the festive season of last year.

As per ET NOW, cars and utility vehicle sales have seen equal traction from the market, with Harrier retails witnessing the
highest growth at 141 per cent.

Following the report, the stock rose 3 per cent to Rs 153.30 on BSE. The stock is down 17.21 per cent
The auto maker's losses widened year-on-year (YoY) during the September-ending second quarter as sales had continued to
remain lower than the previous year, but the company performed better than market expectations on the back of cost savings and
deferred tax credit.

The Mumbai-based automaker reported a loss of Rs 307 crore during the second quarter as compared to a loss of Rs 188 crore
during the corresponding quarter last year. Revenue declined 18 per cent year-on-year to Rs 53,530 crore. Earnings before
interest, tax, depreciation and amortisation (EBITDA) declined by 13 per cent to Rs 6,098 crore.
Jaguar Land Rover, which accounts for about 80 per cent of the company’s revenue, returned to profitability with a pre-tax profit
of £65 million. Revenue declined by 29 per cent for the British carmaker to £4,352 million, according to a press note from Tata
Motors.

Read more at:

https://economictimes.indiatimes.com/markets/stocks/news/tata-motors-climbs-3-on-reports-of-healthy-festive-sales/
articleshow/79256452.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Tata Motors share rises 2% after

Edelweiss gives 'buy' call
Tata Motors stock touched an intraday high of Rs 174.9, rising 2.04% on
BSE
BusinessToday.In | November 26, 2020 | Updated 19:13 IST

Tata Motors share rose 2% today after brokerage Edelweiss gave a buy rating
to the stock with a target price of Rs 197. Tata Motors stock touched an
intraday high of Rs 174.9, rising 2.04% on BSE.
ADVERTISING
Tata Motors share stands higher than 5 day, 20 day, 50 day, 100 day and 200
day moving averages.  During the last one year, the share has gained 6% but
lost 6.13% since the beginning of this year.
Market cap of the firm rose to Rs 53,670 crore. In a month, the share has
gained 30%.
Later, the share gained 1.37% to close at Rs 173.75. 
Sensex closes 431 points higher, Nifty at 12,987 on F&O expiry; banking,
financial stocks shine
The brokerage maintains 'BUY/SO' with an SoTP-based target price of Rs 197,
valuing the India business at 10.5x EV/EBITDA and JLR at 6.5x EV/EBIT.
Brokerage CLSA has given a higher target price of Rs 220 per share on the
Tata Group stock. According to a media report, CLSA has cited a good start to
the third quarter with volume recovery in JLR continuing, driven by China
and US. JLR's overall estimated retail sales moderated to 4 percent YoY in
October. Volume recovery on  a QoQ basis coupled with cost cuts should drive
deleveraging for the company. Risks include a sudden slowdown in its
recovery trajectory and no-deal Brexit, the research firm added.
Motilal Oswal said the company will avail the triple benefit of a) macro
recovery, b) company-specific volume/margin drivers and c) a sharp
improvement in FCF and leverage in both JLR as well as India business.
Meanwhile, after a volatile trading session on November series expiry day,
Sensex ended 431 points higher at 44,259 and Nifty gained 128 points to
12,987.

Tata Motors share falls over 3% as UK

reimposes lockdown over COVID-19
strain
Tata Motors share opened with a loss of 2.22% at Rs 176.50 against previous
close of Rs 180.50 on BSE
BusinessToday.In | December 21, 2020 | Updated 13:57 IST

Tata Motors share price fell over 3% today amid reports that a new mutant
strain of coronavirus is 'out of control' in the UK. British Prime Minister Boris
Johnson has imposed a new, higher level of coronavirus restrictions on
London and much of southeast England. This would adversely affect the sales
of Jaguar Land Rover (JLR), UK-based subsidiary of Tata Motors.
Tata Motors share opened with a loss of 2.22% at Rs 176.50 against previous
close of Rs 180.50 on BSE. The share further fell to Rs 174.5, down 3.32% intra
day.
The share has gained 3.91% in one month. However, it is still down 5.13%
since the beginning of this year and lost 0.23% in one year. Market cap of the
firm fell to Rs 54,165 crore on BSE.
Health Ministry calls urgent meeting today over spread of mutant coronavirus
in UK
JLR's recovery from the pandemic is likely to be threatened by the new strain
of Covid 19 in the UK. In second quarter of this year, retail sales were up
53.3% with 113,569 cars sold.
In the first quarter, the firm could sell just over 74,000 units. With
normalising of the situation in UK and vaccination of first citizen in the
country by Pfizer, the performance of JLR was seen improving to precovid
levels.
The majority of JLR dealerships are now back in operation. The firm recorded
a Rs 589 crore pre-tax profit in Q2, compared to a loss of Rs 3,741 crore in the
previous quarter. However, the new strain of COVID-19 is expected to unwind
the gains Tata Motors subsidiary had clocked in Q2.

Tata Motors share price rises 4% as

CLSA maintains buy call
Share price of Tata Motors gained up to 4.57% to Rs 183.95 against previous
close of Rs 175.90 on BSE. Market cap of the firm rose to Rs 56,636 crore
BusinessToday.In | December 28, 2020 | Updated 12:53 IST

Tata Motors stock rose over 4% today after global research firm CLSA
maintained a buy call on the stock with a target price of Rs 220 per share.
Share price of Tata Motors gained up to 4.57% to Rs 183.95 against previous
close of Rs 175.90 on BSE.  Market cap of the firm rose to Rs 56,636 crore.
 Dec'20 Sept'20 June'20 Mar'20

Net Sales Turnover 14630.60 9668.10 2686.87 9732.87

Other Income 206.65 241.98 134.33 268.92

Total Income 14837.25 9910.08 2821.20 10001.79

Stock Adjustments -591.50 -174.86 309.56 473.60

Raw Material Consumed 9814.79 6107.98 1173.22 5542.12

Power and Fuel .00 .00 .00 .00

Employee Expenses 1105.89 1058.60 966.74 1149.61

Administration and Selling Expenses .00 .00 .00 .00

Research and Development Expenses .00 .00 .00 .00

Expenses Capitalised -180.02 -201.99 -177.70 -300.83

Other Expenses 3626.47 2741.45 1278.07 3811.17

Provisions Made .00 .00 .00 .00

TOTAL EXPENSES 13775.63 9531.18 3549.89 10675.67

Operating Profit 854.97 136.92 -863.02 -942.80

EBITDA 1061.62 378.90 -728.69 -673.88

Depreciation 947.64 909.92 859.89 984.13

EBIT 113.98 -531.02 -1588.58 -1658.01

Interest 656.22 634.67 552.80 557.05

EBT -542.24 -1165.69 -2141.38 -2215.06

 Taxes 37.50 .40 .38 85.22

Profit and Loss for the Year -579.74 -1166.09 -2141.76 -2300.28

Extraordinary Items .00 .00 .00 .00

Prior Year Adjustment .00 .00 .00 .00

Other Adjustment .00 .00 .00 .00

Reported PAT -638.04 -1212.45 -2190.64 -4871.05

Reserves Written Back .00 .00 .00 .00

Equity Capital 719.54 719.54 719.54 719.54

Rs (in Crores)