Tata Motors

Maruti and Tata’s Sales Down in June

Maruti and Tata’s Sales Down in JuneMaruti Suzuki and Tata Motors sales are at low this season the blame can be shifted to the inflation factor, increased fuel prices, or the new launches from Toyota and Ford.

Tata Motors Sales Fell by 0.70% in the Month of June 2011

Tata Motors Sales Fell by 0.70% in the Month of June 2011Tata Motors declared that the sales of Tata vehicles had an overall decline by 0.70% for the month of June 2011. The total units sold in June were 66,358, which were negligibly low in comparison with the previous year’s unit sales recorded at 66,824.

Tata & Maruti Sales Drop Significantly

Tata & Maruti Sales Drop SignificantlyTwo of India’s largest auto makers have stated that due to inflation, their numbers have declined. Maruti Suzuki India Ltd. and Tata Motors Ltd are facing rising loan rate and increased prices are damaging their sales.

Tata Motors Had To Bow Its Head before the Violent Protest at Singur on the Issue of Nano

Tata Motors Had To Bow Its Head before the Violent Protest at Singur on the Issue of NanoThe Tata Motor’s of India had appealed in Supreme Court on the issue of the land the company bought to prepare its manufacturing unit of Nano car. The government of West Bengal had asked the leading car manufacturer of the country to return the land to the farmers of Singur. The unit was half built and the project was stopped half way, which was further deserted by protesters.

High Court Postpones the Hearing of Tata’s Request against the Singur Land Act

High Court Postpones the Hearing of Tata’s Request against the Singur Land ActOn Thursday, the Calcutta High Court has postponed the hearing of Tata Motors’ petition against the Singur Land Rehabilitation and Development Act, 2011. Tata Motors has challenged the Act passed by the West Bengal Assembly ordering the company to return the land. The court has said that the matter will be discussed at 11 a. m. on Friday.

Sri Lankan Taxi Drivers Jammed Road in Protest

Sri Lankan Taxi Drivers Jammed Road in ProtestTATA’s Nano which has not been so successful in India has caused havoc in the streets of Sri Lanka. It has come to light that taxi drivers of Sri Lanka jammed the road on 22nd of June asking government to stop the sale of Nano in the country as it has thrown a huge competition for the taxi drivers.

HC Orders Tata Motors to Serve a Notice to State Government

HC Orders Tata Motors to Serve a Notice to State GovernmentOn Wednesday, the Kolkata High Court has ordered the Lawyer of Tata Motors, Samaraditya Pal to serve a notice to the Bengal Government after the Singur bill was scrapped.

Under a new act rolled out by the West Bengal's Trinamool Congress government, led by Mamata Banerjee, Tata Motors was directed to return the land which they had acquired from the unwilling farmers for Tata Motors' Nano car plant in Singur. The Tata Motors rejected to follow the ruling and challenged the decision of the government in Kolkata High Court.

Tata Motors partners Japan firm for eco-friendly fuel plant

Tata Motors partners Japan firm for eco-friendly fuel plantPune, June 8 : Tata Motors Wednesday inaugurated an eco-friendly, dual-fuel power generation facility in partnership with a Japanese company.

The facility, located in the Tata Motors' plant here, has been set up jointly with New Energy and Industrial Technology Development Organisation (NEDO) which has worked on the project for the past two years, an official said.

Tata Motors May sales rise 10 percent

Tata Motors May sales rise 10 percentMumbai, June 1 : Tata Motors Wednesday reported a rise of 10 percent in sales for May, buoyed by an increase in exports and commercial vehicles sales.

"Tata Motors total sales (including exports) of commercial and passenger vehicles in May 2011 were 62,296 vehicles over 56,775 vehicles sold in May 2010," the company said in a statement.

The automobile major's domestic sales grew by eight percent at 56,762 units in May compared to 52,799 units sold in the corresponding month of 2010.

Tata Motors' March global sales up one percent

Tata Motors' March global sales up one percentNew Delhi, April 15 : Indian automobile giant Tata Motors Group Friday reported a one percent increase in its global sales for March, which stood at 110,785 units, against the same period last year.

"Tata Motors Group global wholesales, including Jaguar Land Rover, were 110,785 in March 2011, a growth of one percent over March 2010," the company said in a statement.

The company said that the cumulative global sales for last fiscal year grew by 24 percent at 1,081,245 as compared to the corresponding period in 2009-10.

Buy Tata Motors With Stop Loss Of Rs 1250

Buy Tata Motors With Stop Loss Of Rs 1250Technical analyst Alpesh Furiya is bullish on Tata Motors Limited and has maintained 'buy' rating on the stock with a target of Rs 1400.

The analyst said that the stock of the company can be purchased with a stop loss of Rs 1250.

The stock of the company, on April 05, closed at Rs 1279.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1381.40 and a low of Rs 684.20 on BSE.

Current EPS & P/E ratio stood at 44.34 and 29.09 respectively.

Tata Motors closes March, full year with sales growth

Tata Motors closes March, full year with sales growthChennai, April 1: Auto major Tata Motors Ltd closed March with 11 percent sales growth over the comparable period the previous year.

The company's total sales of commercial and passenger vehicles last month were 83,363 units (domestic 77,431 units, exports 5,932 units) -- up from 75,129 units (domestic 71,024 units, exports 4,105 units) sold in March 2010.

Sell Tata Motors With Stop Loss Of Rs 1165

Sell Tata Motors With Stop Loss Of Rs 1165Technical analyst Alpesh Furiya is bearish on Tata Motors Limited and has maintained 'sell' rating on the stock with a target of Rs 1080.

According to Furiya, the investors can sell the stock at Rs 1135 with a stop loss of Rs 1165.

The analyst said that it is better to sell the stock at this time to avoid loss.

He also said that there are full chances of stock to go down in the coming days.

After selling the stock, the interested investors can buy the stock again to reap gains in the medium or long term.

Buy Tata Motors With Stop Loss Of Rs 1149

Buy Tata Motors With Stop Loss Of Rs 1149Technical analyst D Prasad has maintained 'buy' rating on Tata Motors Limited stock with a target of Rs 1189 in 2-3 trading sessions.

According to analyst, the investors can buy the stock above Rs 1165 with a stop loss of Rs 1149.

Today, the stock of the company opened at Rs 1171 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1381.40 and a low of Rs 684.20 on BSE.

Current EPS & P/E ratio stood at 44.34and 26.26 respectively.

Hold Tata Motors To Achieve Short term Target Of Rs 1200

Hold Tata Motors To Achieve Short term Target Of Rs 1200Technical analyst SP Tulsian has maintained 'hold' rating on Tata Motors Limited stock to achieve a short term target.

According to analyst, the stock can be purchased with a target of Rs 1200.

Today, the stock of the company opened at Rs 1155 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1381.40 and a low of Rs 684.20 on BSE.

Current EPS & P/E ratio stood at 44.34 and 25.35 respectively.

JLR will hire 2,500 in UK

JLR will hire 2,500 in UKAccording to media reports, Tata Motors' Jaguar and Land Rover (JLR) is all set to hire new work force in the UK. It is said that JLR will be hiring 2,500 professionals to build the new baby Range Rover.

The company needs new employees in the country to design and take care of engineering for new generation Jaguars. For the new baby Range Rover, 29,995 pounds Evoque, company needs workers to assembly work on Merseyside. Carmaker will hire 1500 for its Halewood plant.

TATA Nano lowest in terms of customer satisfaction

TATA-NanoAs per a latest market survey done by TNS Global, in terms of customer satisfaction Tata Nano stands at the lowest. It also said that even the lowest level of customers are expecting more this time.

It added that Nano is failing when it comes to design while for Maruti 800 the demand is for more and more quality service.

Tata Nano has managed to get only 70 points in the survey while its closest competitor Maruti Alto managed to get 91.

Buy Tata Motors Ltd: Fairwealth Securities

TATA MOTORS LTDTata Motors Ltd. reported an almost four fold jump in its consolidated net profit to Rs 2,424 cr for the Dec quarter, beating market forecasts. Revenues (Conso.) saw 22% jump due to strong demand and better realizations from JLR products. Premium brands Jaguar and Land Rover pushed the overall margins. However, standalone net profit remained subdued, and Tata Daewoo (100% subsidiary of TML) posted a loss in the Dec quarter. Strong cash flows allowed TML to repay debt and bring the debtequity ratio down to 0.8 from 1.73 (Sep, 2010 conso). At the CMP of Rs 1238, the stock trades at a PE of 42.7 with an EPS of Rs 28.99 on TTM basis.

Tata Motors quarterly net profit nearly quadrupled

Tata MotorsTata Motors third quarter ended on December 2010 recorded a net profit of Rs 650 crore but quarterly consolidated profits has nearly increased fourfold to Rs 2,424 crore. The increase in the profit is due to improved performance of its UK unit, Jaguar Land Rover.

The company’s shares rose 3.8% and closes at Rs 1,145 on the BSE. After the close of trading hours, the company has released its financial figures.

The company has managed to sell more vehicles within and outside India, which has increased its consolidated revenue by 22% to Rs 31,685 crore over Rs 25,974 crore in the October to December period of FY10.

Buy Tata Motors For Intraday Target Of Rs 1140

Buy Tata Motors For Intraday Target Of Rs 1140Technical analyst Anil Singhvi maintained 'buy' rating on Tata Motors Limited stock with an intra-day target of Rs 1140.

According to analyst, the stock can be bought with a stop loss of Rs 1055.

The stock of the company, on Feb 09, closed at Rs 1077.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1381.40 and a low of Rs 668.70 on BSE.

Current EPS & P/E ratio stood at 44.89 and 24.38 respectively.




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