ट्रेंडिंग न्यूज़

₹934 And ₹1100 Share Price Target For This TATA GROUP SHARE; Huge Income Increased

The country’s largest auto company Tata Motors (NSE: TATAMOTORS) has announced its quarterly results. Tremendous growth has been seen in profits. At the same time, the income has also been better than expected. 

After the quarterly results, the company said that the company’s performance would be good in the fourth quarter also. 

The advantage of this new version will be available during the period between January and March. The share of Tata Motors may reach at ₹934 And ₹1100 in the future.

Quarterly Results Of Tata Motors (Tata Motors Q3 Results)

In comparison to the quarter ended in October-December of the fiscal year 2022-23, the profits in the quarter between October and December of the financial year 2023-24 increased from the previous quarter of Rs 2,958 crore, to 7025 crore. 

However, the market was expecting profit to increase to Rs 4,071 crore.

The income of Tata Motors has also increased. Compared to the October-December quarter of the financial year 2022-23, the revenue during the period of October-December in the financial year 2023-24 has increased from Rs 88,489 crore to 1.10lakh crore. 

However, markets had anticipated the earnings to rise to 1.07 lakh crore. The company has seen an increase of 25 percent in this revenue.

EBITDA at Tata Motors has also increased. In comparison to the October-December quarter of the year 2022-23 the working profit i.e. 

EBITDA was increased from 9,644 crore to a whopping Rs 15,333 crore in the November-December quarter of the fiscal year 2023-24. 

However, the market was expecting it to increase to Rs 13,880 crore. During this period it has grown by 43 percent. Margins of Tata Motors have also increased. 

When compared to the period between October and December of the fiscal year 2022-23, the margin increased to 13.9 percent in the November-December quarter of 2023-24. 

The market had expected the margin to rise to 12.9 percent. Tata Motors said that good growth is expected in the January-March quarter also. 

The company’s fourth-quarter margins may improve due to new launches and better supply. JLR’s performance will be even better.

JLR GUIDANCE- JLR i.e. Jaguar Land Rover has increased the EBIT Margin Guidance for FY24. The company says that it can increase from 6 percent to 8 percent.

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 ₹ 3,21,832 Cr.
Current Price ₹ 882.80
52-wk High ₹ 900.15
52-wk Low ₹ 400
Stock P/E 18.59
Book Value ₹ 161
Dividend 0.23 %
ROCE 5.95 %
ROE 5.62 %
Face Value ₹ 2.00
P/B Value 5.44
OPM 13.1 %
EPS ₹ 58.4
Debt ₹ 1,27,864 Cr.
Debt to Equity 2.38

Tata Motors Ltd Share Price Target 2024 To 2030

Year 1st Target 2nd Target
2024 ₹870 ₹989
2025 ₹1000 ₹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 ₹19,774Cr

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: 5%
5 Years: -8%
3 Years: -7%
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 5.32 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 -7.15 percent in the last 3 years.


This article is a complete guide about Tata Motors Ltd 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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Also Read: 5,395% Return Ambani Share Biggest Contributor To Sensex; ₹3610 Share Target

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.


A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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