Why Tata stocks are falling?
#2 Reduced JLR sales puts pressure on Tata Motors
For the quarter ended 30 September 2022, JLR reported total sales of 88,121 units. This is 4.9% lower on a year on year (YoY) basis. The sales have seen a sharp decline because of the above mentioned reasons.
Shares of the company fell on account of profit booking.
Tata Motors DVR was trading close to its 52-week high. Thus, some profit booking was expected.
Tata Motors on Wednesday reported a narrowing of consolidated losses to Rs 944.61 crore in the September quarter compared with Rs 5,006.60 crore in June quarter and Rs 4,441.57 crore in the same quarter last year.
Promoters held 46.4 per cent stake in the company as of 30-Jun-2022, while FIIs owned 13.71 per cent, DIIs 15.18 per cent.
Is Tata Investment Corporation Ltd a good quality company? Past 10 year's financial track record analysis by Moneyworks4me indicates that Tata Investment Corporation Ltd is a average quality company.
Tata motors is expected to perform better and target is Rs 1000 and above by 2030.
Targets of the Company for FY23:
For FY23, the company aims to sell 5,00,000 units. Further, the company has asked its component suppliers to be ready for 6,00,000 units. Moreover, the company wants to sell 50,000 units per month to achieve the target of selling around 6,00,000 units in FY23.
The shortage is largely the result of substantial swings in demand due to the pandemic and the increased use of semiconductors in advanced vehicles. Restoring market balance will take time because semiconductor manufacturing is not suited to rapid and large shifts in demand.
|Awesome Osc||9.88||Mild Bullish|
|MACD||Macd : 2.77, Signal Line : 3.01||Strong Bearish|
|Parabolic SAR||435.95||Mild Bearish|
|Rate Of Change||-2.25||Neutral|
In its latest earnings report, the company said its automotive debt levels zoomed to Rs 60,700 crore at the end of June 2022 from Rs 48,700 as of March 2022 – a rise of 25 percent. The firm cited adverse working capital for the sharp jump. The debt was at Rs 40,900 as of FY21-end.
Is Tata a loss making company?
|Period||Q1 FY23||YoY change|
|Tata Commercial Vehicles||95,900||104.1%|
|Tata Passenger Vehicles||1,30,351||101.7%|
Tata Projects reports standalone net loss of Rs 465.32 crore in the June 2022 quarter.
Investors can look at buying the stock on dips for a possible target above Rs 650 which translates into an upside of more than 46 per cent from Rs 443 recorded on 27 July 2022.
The 32 analysts offering 12-month price forecasts for Tata Motors Ltd have a median target of 40.10, with a high estimate of 47.10 and a low estimate of 21.39. The median estimate represents a +51.73% increase from the last price of 26.43.
- Reliance Industries. ...
- Motherson Sumi Systems. ...
- Gail India. ...
- Ipca Laboratories. ...
- Mahindra and Mahindra. ...
- Paras Defence and Space Technologies. ...
- Zen Technologies. ...
- Tata Consultancy Services (TCS)
Tata is considered a global brand whereas Reliance is much more concentrated in India despite some of its companies having interests around the world. When it comes to revenues the Tata group earns greater as they made $106 billion in comparison to Reliances $92 billion.
Sir Dorabji Tata Trust and Sir Ratan Tata Trust are the two biggest shareholders of Tata Sons, with a combined stake of around 50%, while Pallonji Shapoorji Mistry was the largest individual shareholder.
LONDON: Diversified conglomerate Tata group was on Tuesday declared India's most valuable brand with a value of US$ 21.1 billion, while US-based technology giant Apple has retained its top position globally with about US$ 105 billion.
Future Of Travel. Tata Motors is at the forefront of future-ready travel. Electric vehicles (EVs) and autonomous vehicles aren't just trending hashtags of the auto industry, they are big-money investments that are set to change the journey ahead, and Tata Motors is leading the electric mobility evolution in India.
|4.||Guj. Themis Bio.||840.00|
Which stock will grow fast in 2022?
|Company Name & Symbol||Revenue Growth (Last Qtr vs. Same Qtr Prior Yr)||Price Performance (This Yr)|
|Clearfield Inc. (CLFD)||83.94%||43.89%|
|Palomar Holdings Inc. (PLMR)||38.02%||37.35%|
|UFP Technologies Inc. (UFPT)||86.25%||33.58%|
|e.l.f. Beauty Inc. (ELF)||26.33%||30.26%|
- Reliance Industries. Multinational Conglomerate.
- Tata Consultancy Services (TCS) Information Technology.
- Infosys. Information Technology.
- HDFC Bank. Banking.
Tata Motors stock is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. It has taken a hit in 2022, declining 17.44 per cent as the Russia-Ukraine war dampened sentiment in the global market and around the stock in the first half of this year.
|Analysis Area||Score (0-6)|