Tata Motors Ltd Fully Paid Ord. Shrs (NSE: TATAMOTORS): Tata Group stock to buy: On Wednesday (February 28), the stock market saw a massive selling.
The market was awash with profits before the expiry of the month. Sensex ended 790 points lower at 72,304. Nifty fell 247 points, to 21,951.
The auto, metal, government banking, and media sectors saw the most selling.
A reputed brokerage firm, has again selected Tata Motors in the auto sector as its short-term technical pick.
Tata Motors’ share price closed Wednesday at Rs 958, a decrease of 0.5 percent.
Tata Motors: Profits Will Be Made Within 2-3 Days
Tata Motors is again on the list of technical picks for 2-3 days. The target price is Rs 1005. The share price was Rs 958 on February 28, 2024.
This would result in a stock price increase of 4-5 percent. The stock’s 52-week low is 400.40 and its high is 976.30.
Tata Motors Share Price History
Tata Motors’ performance has been phenomenal in the past year. Stocks have risen more than 120 percent in the past year.
Tata Motors gave investors a return of over 55 percent in the last six months. In just three months, the stock price has risen by 38 percent.
The BSE market capitalization of the company was Rs 3.18 lakh crore.
About Tata Motors Company
Tata Motors Limited (TML) is a world-class automobile manufacturer that has an extensive portfolio that includes an array of vehicles and SUVs, buses, pickup trucks, trucks, and defense vehicles.
It is a member of the Tata group, which was established by Jamsetji Tata in 1868.
It is one of India’s biggest Original Equipment Manufacturers (OEMs). It provides a wide range of smart, integrated, and e-mobility solutions.
It is a portfolio that includes a wide selection of trucks, sports utility vehicles buses, vehicles, as well as a variety of SUVs, cars buses, trucks, and pickups.
It is made up of four distinct segments that are reported as Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing and others consist of IT-related and insurance brokerage services.
Most of their revenues are made through India.
They are India’s leading automaker and remain at the forefront in defining our Indian commercial vehicle market by introducing cutting-edge powertrains and electric solutions designed to deliver power and comfort for the user at the lowest cost over the lifecycle.
Their brand-new passenger cars and utility vehicles are built in Impact Design and provide an exceptional blend of driveability, performance, and connectivity.
Their commitment to linking aspirations, and the product pipeline that is tech-enabled keeps them on top of the scene.
Fundamental Analysis of Tata Motors
Market Cap | ₹ 3,50,424 Cr. |
Current Price | ₹ 956.45 |
52-wk High | ₹ 976 |
52-wk Low | ₹ 400.45 |
Stock P/E | 16.85 |
Book Value | ₹ 161 |
Dividend | 0.21 % |
ROCE | 5.95 % |
ROE | 5.62 % |
Face Value | ₹ 2.00 |
P/B Value | 5.93 |
OPM | 13.1 % |
EPS | ₹ 58.4 |
Debt | ₹ 1,27,864 Cr. |
Debt to Equity | 2.38 |
Tata Motors Share Price Target 2024 To 2030
Year | 1st Target | 2nd Target |
2024 | ₹870 | ₹1000 |
2025 | ₹1102 | ₹1213 |
2026 | ₹1243 | ₹1300 |
2027 | ₹1345 | ₹1398 |
2028 | ₹1478 | ₹1600 |
2029 | ₹1654 | ₹1789 |
2030 | ₹1800 | ₹1890 |
Tata Motors Shareholding Pattern
Promoters Holding | |
Dec 2022 | 46.39% |
Mar 2023 | 46.39% |
June 2023 | 46.39% |
Sept 2023 | 46.38% |
Dec 2023 | 46.37% |
FII Holding | |
Dec 2022 | 13.89% |
Mar 2023 | 15.34% |
June 2023 | 17.72% |
Sept 2023 | 18.40% |
Dec 2023 | 18.62% |
DII Holding | |
Dec 2022 | 15.21% |
Mar 2023 | 17.69% |
June 2023 | 17.38% |
Sept 2023 | 17.37% |
Dec 2023 | 17.25% |
Govt. Holding | |
Dec 2022 | 0.14% |
Mar 2023 | 0.14% |
June 2023 | 0.14% |
Sept 2023 | 0.14% |
Dec 2023 | 0.14% |
Public Holding | |
Dec 2022 | 24.36% |
Mar 2023 | 20.41% |
June 2023 | 18.38% |
Sept 2023 | 17.70% |
Dec 2023 | 17.60% |
Tata Motors Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 301,938 Cr |
2020 | ₹ 261,068 Cr |
2021 | ₹ 249,795 Cr |
2022 | ₹ 278,454 Cr |
2023 | ₹ 423,874 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ -28,724 Cr |
2020 | ₹ -11,975 Cr |
2021 | ₹ -13,395 Cr |
2022 | ₹ -11,309 Cr |
2023 | ₹ 19,774 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 1.51 |
2020 | 1.58 |
2021 | 2.08 |
2022 | 3.13 |
2023 | 2.77 |
Last 10 Years’ Profit Growth:
10 Years: | -13% |
5 Years: | -20% |
3 Years: | 31% |
Current Year: | 496% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 6% |
5 Years: | -6% |
3 Years: | -4% |
Last Year: | 6% |
Sales Growth Over 10 Years:
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 10% |
Current Year: | 33% |
Company’s Positive Signs:
- The company is expected to deliver an excellent quarter.
Company’s Negative Signs:
- The company’s stock prices are 5.93 times book value.
- This company has seen an insufficient growth of 3.48 percent over the past 5 years.
- This company is generating a low rate of equity return which is -3.84 percent in the last 3 years.
Conclusion
This article is a complete guide about Tata Motors Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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