|
24 Oct 2025 |
Tata Motors Passenger Vehicles
|
Consensus Share Price Target
|
402.90 |
726.49 |
- |
80.32 |
hold
|
|
|
|
|
04 Aug 2024
|
Tata Motors Passenger Vehicles
|
ICICI Direct
|
402.90
|
1200.00
|
1096.65
(-63.26%)
|
|
Hold
|
|
|
|
|
02 Aug 2024
|
Tata Motors Passenger Vehicles
|
Motilal Oswal
|
402.90
|
1025.00
|
1096.65
(-63.26%)
|
Target met |
Neutral
|
|
|
Tata Motors (TTMT) reported a strong consolidated performance in 1QFY25, with margins expanding ~110bp YoY to 14.4% (est. 13.3%), driven by JLR and strong India CV business margins.
|
|
25 Jun 2024
|
Tata Motors Passenger Vehicles
|
ICICI Direct
|
402.90
|
1200.00
|
955.00
(-57.81%)
|
|
Buy
|
|
|
|
|
12 Jun 2024
|
Tata Motors Passenger Vehicles
|
Prabhudas Lilladhar
|
402.90
|
1089.00
|
988.70
(-59.25%)
|
Target met |
Accumulate
|
|
|
|
|
12 Jun 2024
|
Tata Motors Passenger Vehicles
|
Motilal Oswal
|
402.90
|
955.00
|
988.70
(-59.25%)
|
Target met |
Neutral
|
|
|
While there is no doubt that TTMT has delivered an extremely robust performance across its key segments in FY24, there are clear headwinds ahead that could hurt its performance, especially at JLR. The stock trades at 17x/14.6x FY25E/FY26E consolidated EPS and 5.9x/4.9x EV/EBITDA.
|
|
12 Jun 2024
|
Tata Motors Passenger Vehicles
|
Sharekhan
|
402.90
|
1235.00
|
988.70
(-59.25%)
|
|
Buy
|
|
|
Tata Motors Ltd (TML) continues to target for a double-digit EBITDA margin in both PV and CV business on sustainable basis
|
|
15 May 2024
|
Tata Motors Passenger Vehicles
|
Geojit BNP Paribas
|
402.90
|
1049.00
|
947.30
(-57.47%)
|
Target met |
Hold
|
|
|
|
|
13 May 2024
|
Tata Motors Passenger Vehicles
|
SMC online
|
402.90
|
|
959.75
(-58.02%)
|
|
Results Update
|
|
|
|
|
13 May 2024
|
Tata Motors Passenger Vehicles
|
ICICI Direct
|
402.90
|
1120.00
|
959.75
(-58.02%)
|
Target met |
Hold
|
|
|
|
|
12 May 2024
|
Tata Motors Passenger Vehicles
|
Motilal Oswal
|
402.90
|
955.00
|
1046.65
(-61.51%)
|
Target met |
Neutral
|
|
|
? TTMT’s 4QFY24 result was operationally in line with our estimate as EBITDA margin expanded 30bp QoQ to 14.2%. While there is no doubt that TTMT has delivered an extremely robust performance across its key segments in FY24, there are clear headwinds ahead that are likely to hurt its performance.
|