Golden TATA Share Ready To Touch ₹900 Anytime; 500% Long-term Returns Expected

The shares of Tata Motors (NSE: TATAMOTORS) reached a 52-week record high of Rs 809 in trading on January 9. 

The luxury car division of the company Jaguar Land Rover (JLR) has been performing exceptionally in the period between October and December. 

In the quarter ending December, JLR sold 27% more vehicles in comparison to the same period in the year before. The impact of this announcement was apparent in the share price of JLR.

An analyst says that if JLR’s growth continues it could become the primary reason behind the decline of Tata Motors’ rating. 

According to the National Stock Exchange (NSE), its shares were trading at 803.15 and a gain of 1.78 percent.

The brokerage firm has assigned an “overweight” rating for stocks of the firm and has set the target price of Rs 890. This signifies that the shares of the company could increase by 10% higher than the current price. 

In March the shares of the company increased by 12 percent, and at the same time, it was the Nifty auto index jumped by 4 percent.

JLR’s wholesale volumes in the quarter ended December in the range of 1.01 thousand units. That’s which is an increase of 27% over the previous year. 

As per Morgan Stanley experts, this result is in line with expectations. Range Rover, Range Rover Sport, and Defender represented 62 % of JLR’s wholesale sales during the December quarter. 

Based on the broker firm’s report, JLR has not yet made a statement about the Free Cash Flow (FCF) but it is anticipated that the rate of Free Cash Flow (FCF) at JLR will keep going.

JLR’s wholesale sales so far in FY 2024 stand at 2.9 lakh units which is 28% higher than the same timeframe one year ago. Retail sales have also been higher on a per-year basis across every region. 

Top experts have assigned a “buy” rating to shares of the company as well as a price target of Rs 900. This share is expected to give 500% Long-term Returns in the future.

Fundamental Analysis of Tata Motors

About Tata Motors

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.

Tata Motors Shareholding Pattern

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:

Last 5 Years’ Net Profit:

Last 5 Years’ Debt-To-Equity Ratio:

Last 10 Years’ Profit Growth:

Last 10 years’ Return on Equity (ROE):

Sales Growth Over 10 Years:

Company’s Positive Signs:

• The company is expected to deliver an excellent quarter.

Company’s Negative Signs:

• The company’s stock prices are 4.92 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.

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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