Tata Motors Ltd. share price target

Resurfaced chip availability concerns amid geopolitical issues Russia is the largest producer (~40% share in global production) of rare earth metal palladium, which is used in manufacturing of semiconductor. Further Ukraine is the largest producer of neon gas, which is another important component for semiconductor (chip) manufacturing. Therefore, any supply chain disruption of these critical raw materials in this space would impact the availability of chips, resulting in an adverse impact on OEM volumes and associated productivity. Rise in Brent crude to impact margins as well as demand...

EBITDA rose 67.0% QoQ, as EBITDA margin expanded 280bps QoQ to 9.4%. However, margins contracted 580bps YoY due to global semiconductor supply shortages, higher employee spends and R&D...

Tata Motors' consolidated performance surprised positively with EBITDA margin at 12.5% (+250bps QoQ). Chip supply issue at JLR seems to be easing out as production grew 41% QoQ and is expected to gradually improve over 2022. JLR order book stands at 155k units vs 125k units in 2Q. It focused on pending bookings of Range Rover (wholesales +30% QoQ) as deliveries of...

Tata Motors Q3 Results: Firm posts net loss of Rs 1,451 cr, misses estimates For the quarter ending Dec 2021 ,Consolidated net sales (including other operating income) of Tata Motors has declined 4.53% to Rs 72229.29 crore compared to quarter ended Dec 2020. Sales of Automotive and related activity segment has gone up 45.03% to Rs 22,320.93 crore (accounting for 30.78% of total sales). Sales of Others segment has gone up 56.33% to Rs 1,114.15 crore (accounting for 1.54% of total sales). Sales of vechicle financing segment has gone down 3.12% to Rs 1,181.62 crore (accounting for 1.63% of total sales). Sales of Jaguar and Land Rover segment has gone down 18.26% to Rs 47,891.71 crore (accounting for 66.05%...

Gradual recovery in semiconductor supplies leads to a cut in FY23E EPS TTMT's 3QFY22 performance was a mixed bag. JLR optimized its mix in a supply constrained environment, whereas commodity cost impacted India operations. While demand for JLR remains strong, the improvement in supplies is slower than our expectations. The India...

Tata Motors Q2FY22 results, Net sales up 14.66% , beats estimates For the quarter ending Sept 2021,Consolidated Net sales (including other operating income) of Tata Motors has increased 14.66% to Rs 61378.82 crore compared to quarter ended sept 2020. Sales of Others segment has gone up 46.47% to Rs 955.22 crore (accounting for 1.55% of total sales). Sales of Tata and Other brands vehicle segment rose 89.25% to Rs 19,505.21 crore (accounting for 31.63% of total sales). Sales of vechicle financing segment has gone up 16.27% to Rs 1,258.07 crore (accounting for 2.04% of total sales). Sales of Jaguar and Land Rover segment has gone down 4.31% to Rs 39,940.78 crore (accounting for 64.78% of total...