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HomeSTOCKSHold This Tata Group's Multibagger Share; Brokerage Houses Are Super Bullish

Hold This Tata Group’s Multibagger Share; Brokerage Houses Are Super Bullish

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Tata Motors Ltd (NSE: TATAMOTORS) Group Stock: Today, in this post we’ll discuss about Tata Motors latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Today, in this post we’ll discuss about Tata Motors latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Shares of Tata Group’s automobile company Tata Motors saw a slight rise on last trading day. After the business update of Tata Motors subsidiary JLR (Jaguar Land Rover), positive sentiment is being created in the stock. 

JLR’s wholesale and retail sales have increased. Tata Motors, which was the top performer of Nifty in the year 2023 and financial year 2024, seems ready to hit the mark once again. 

Brokerage houses are bullish on shares after JLR’s business update. Tata Motors has earned returns of more than 130 percent in a year.

Tata Motors: Price Will Go Up To ₹1133

A brokerage house maintains an overweight rating for Tata Motors. The target price per share is Rs 1013.

The brokerage says that there is a slowdown in JLR’s Q4 sales and global EV. The FCF outlook as well as the capital return profile are positive about the gradual increase in the scope of EV. 

Rapid EV transition can be very harmful to business. Brokerage firm has given the opinion of ‘outperform’ on Tata Motors. 

The target has been kept at Rs 1133. Another Brokerage firm has advised to buy this auto share with a target of Rs 1028. Another Brokerage has asked for a ‘hold’ on Tata Motors. The target was increased from 920 to 1000.

Tata Motors: How Was The Q4 Business Update?

JLR, a premium car manufacturing company owned by Tata Motors, has released business updates on sales. The company’s total retail sales have seen a jump of 22 percent in the financial year 2023-24. 

JLR has sold 4,31,733 units in the financial year. This includes vehicles like Jaguar, Range Rover, Defender, and Discovery. Wholesale sales grew by 16% (YoY) and retail sales grew by 11% (YoY) in Q4.

Tata Motors Share Price History

Tata Motors has provided investors with strong returns. The stock price has increased by more than 130 percent within a year.

It has increased by 2 percent in a week and by 27 percent in 3 months. The stock price has also risen by 65 percent over the past 6 months.

Tata Motors’ 52-week high on BSE is 1,065.60 and the low is 450. The company’s market capitalization is Rs 3.37 lakh crore.

About Tata Motors Ltd 

Tata Motors Limited (TML) is a world-class automobile manufacturer that has an extensive portfolio that includes an array of vehicles and SUVs, buses, pickup trucks, trucks, and defense vehicles.

It is a member of the Tata group, which was established by Jamsetji Tata in 1868. 

It is one of India’s biggest Original Equipment Manufacturers (OEMs). It provides a wide range of smart, integrated, and e-mobility solutions. 

It is a portfolio that includes a wide selection of trucks, sports utility vehicles buses, vehicles, as well as a variety of SUVs, cars buses, trucks, and pickups. 

It is made up of four distinct segments that are reported as Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing and others consist of IT-related and insurance brokerage services. 

Most of their revenues are made through India. They are India’s leading automaker and remain at the forefront in defining our Indian commercial vehicle market by introducing cutting-edge powertrains and electric solutions designed to deliver power and comfort for the user at the lowest cost over the lifecycle.

Their brand-new passenger cars and utility vehicles are built in Impact Design and provide an exceptional blend of driveability, performance, and connectivity.

Their commitment to linking aspirations, and the product pipeline that is tech-enabled keeps them on top of the scene.

Fundamental Analysis of Tata Motors Ltd

Market Cap₹ 3,71,019 Cr.
Current Price₹ 1,014
52-wk High₹ 1,066
52-wk Low₹ 458
Stock P/E18.4
Book Value₹ 161
Dividend0.20 %
ROCE5.95 %
ROE5.62 %
Face Value₹ 2.00
P/B Value6.30
OPM13.1 %
EPS₹ 58.4
Debt₹ 1,27,864 Cr.
Debt to Equity2.38

Tata Motors Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 870₹ 1100
2025₹ 1102₹ 1213
2026₹ 1243₹ 1300
2027₹ 1345₹ 1398
2028₹ 1478₹ 1600
2029₹ 1654₹ 1789
2030₹ 1800₹ 1890
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Tata Motors Shareholding Pattern

Promoters Holding
Dec 202246.39%
Mar 202346.39%
June 202346.39%
Sept 202346.38%
Dec 202346.37%
FII Holding
Dec 202213.89%
Mar 202315.34%
June 202317.72%
Sept 202318.40%
Dec 202318.62%
DII Holding
Dec 202215.21%
Mar 202317.69%
June 202317.38%
Sept 202317.37%
Dec 202317.25%
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Govt. Holding
Dec 20220.14%
Mar 20230.14%
June 20230.14%
Sept 20230.14%
Dec 20230.14%
Public Holding
Dec 202224.36%
Mar 202320.41%
June 202318.38%
Sept 202317.70%
Dec 202317.60%

Tata Motors Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 301,938 Cr
2020₹ 261,068 Cr
2021₹ 249,795 Cr
2022₹ 278,454 Cr
2023₹ 423,874 Cr
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Last 5 Years’ Net Profit:

2019₹ -28,724 Cr
2020₹ -11,975 Cr
2021₹ -13,395 Cr
2022₹ -11,309 Cr
2023₹ 19,774 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.51
20201.58
20212.08
20223.13
20232.77

Last 10 Years’ Profit Growth:

10 Years:-13%
5 Years:-21%
3 Years:31%
Current Year:496

Last 10 years’ Return on Equity (ROE):

10 Years:6%
5 Years:-6%
3 Years:-4%
Last Year:6%

Sales Growth Over 10 Years:

10 Years:6%
5 Years:3%
3 Years:10%
Current Year:33%

Conclusion

This article is a complete guide about Tata Motors Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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