Tata Motors Ltd.

NSE: TATAMOTORS | BSE: 500570 | ISIN: INE155A01022 | Industry: Cars & Utility Vehicles
| Falling Comet
674.5000 0.85 (0.13%)
NSE Jun 25, 2025 15:31 PM
Volume: 10.5M
 

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Tata Motors Ltd.
10 Jan 2018
674.50
0.13%
Motilal Oswal
JLR's wholesale volumes grew 3.8% YoY and 1.5% MoM in December 2017 to 55,066 units (including China JV's 10,269 units). Jaguar volumes grew 6% YoY to 16,826 units against our estimate of 12,000 units due to lower XE sales. Land Rover (LR) volumes increased 2.8% YoY to 38,240 units against our estimate of 54,750 units, led by ramp-up of all-new Discovery and RR Velar. For 3QFY18, JLR wholesales grew 4.5% YoY to 159,067 units, led by 12.4% YoY growth in Land Rover sales while Jaguar sales fell 12.5% YoY to 42.4k units. JLR's retail volumes increased marginally by 0.6% YoY and 6.4% MoM to 55,697units. The 4.1% YoY increase in LR volumes was partially offset by 7.8% YoY decline in Jaguar volumes.
Tata Motors Ltd. has an average target of 849.75 from 8 brokers.
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