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Tata Motors extends rally on encouraging Q2 results, jumps 34% in 2 days
Posted on 29th October 2019
Shares of Tata Motors jumped as much as 15 per cent in the morning deals on Tuesday on better-than-expected Q2 results. The auto major had settled over 16 per cent higher during the one-hour Muhurat Trading session on Sunday, that marked the beginning of new Samvat year - 2076. In two trading sessions, the stock has jumped 34 per cent.

Tata Motors back in favour on JLR margin performance, premium equity issue
Posted on 28th October 2019
Mumbai: Tata Motors shares soared 18% to ₹150 in Sunday’s Diwali ‘Muhurat’ trade. The jump in the stock was in response to the company’s strong September quarter (Q2FY20) performance, as a result of which, US-listed shares of the Indian carmaker had surged 13.2% on Friday.

Two factors inspire confidence that prospects of the global auto company may be improving.

Tata Motors reports Q2 net loss at Rs 188 crore
Posted on 26th October 2019
Homegrown auto major Tata Motors on Friday reported a consolidated net loss of Rs 187.7 crore for the quarter ended September 30, hit by subdued demand for its vehicles in the domestic market.

The company had posted a loss of Rs 1,009.49 crore in the same period of 2018-19.

Tata to drive in Nexon EV in March; to be priced between Rs 15-17 lakh
Posted on 3rd October 2019
New Delhi: Tata Motors on Thursday said it will launch Nexon EV in the fourth quarter of the current fiscal, with price expected to be in the range of Rs 15-17 lakh.

The vehicle will be powered by the company's recently introduced Ziptron Technology.

Tata Motors offers up to ₹1.5 lakh benefits on Nexon, Hexa, Tiago and Tigor
Posted on 30th September 2019
Ahead of the festive season, Tata Motors is offering heavy discounts on wide range of models. Under the 'Festival of cars' programme, the company is giving benefits of up to ₹1.5 lakh on models including Tata Harrier, Nexon, Hexa, Tiago and Tigor.

Tata Motors announces Ziptron technology to usher in its future electric vehicles
Posted on 20th September 2019
Localisation of components used in manufacture of electric vehicles (EVs) is required for attractive price propositions along with investments in infrastructure to drive the demand of electric cars, Tata Motors CEO & MD Guenter Butschek said on Thursday. Speaking at the launch of its new solution for electric vehicles called Ziptron, Butschek said steps had been taken by the Indian government to push for electrification of Indian automobile segment.

Tata Motors Rating: Neutral; Miss for Jaguar Land Rover in August volumes
Posted on 17th September 2019
JLR’s wholesale volumes declined 7.1% y-o-y (-5.2% m-o-m) to 39.6k units (our estimate: ~43k) in Aug’19, whereas China JV volumes were down 14% y-o-y to 4.7k units.

– Jaguar volumes declined ~29% y-o-y to ~10k units (our estimate: 12.7k), whereas JLR volumes grew ~3.8% y-o-y to 29.5k units (our estimate: 30k units).

Tata Motors global sales decline 32% to hit 72,624 units in August
Posted on 11th September 2019
Tata Motors on Wednesday reported a 32 per cent decline in global sales, including that of Jaguar Land Rover, to 72,464 units in August.

It had sold 1,07,030 units in August last year.

Car sales slump: Tata Motors opts for second block closure this month
Posted on 27th August 2019
Tata Motors is going for a second block closure in this month at its Pune plant from where it rolls out passenger cars and commercial vehicles. The company will have a four-day block closure from August 28 to 31. The company had a three-day block closure on August 3.

Tata Motors had earlier indicated that the external environment remains challenging, leading to demand contraction and they have aligned production to actual demand and adjusted the number of shifts and contractual manpower.

Tata Motors to take third plant closure
Posted on 16th August 2019
The Jamshedpur unit of Tata Motors will go for a third closure this month from today as the slowdown in the automotive sector shows no signs of abating.

Tata Motors earlier went for a day closure on August 1, followed by three block closure from August 8-10. Though the closure from August 16 will reportedly be for two days, it may last for four days.

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