Global brokerage Jefferies warns that Tata Motors’ share price could drop to Rs 550, citing a 37–41% year-on-year (YoY) decline in Q1 EBITDA and pre-ex PBT, which also came in 13–22% below its estimates (JEFe). “We cut FY26-28E EPS by 8-15% on lower volumes and margins for JLR and India PVs. We expect a 19% … Read more
After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged … Read more
The shares of Tata Motors rallied as much as 3.5% on the BSE, to their day’s high of Rs 671, rebounding from its recent 52-week low of Rs 606.20 after the company’s management reassured the investors in a management meet, that Jaguar Land Rover (JLR) is well on track to achieve its FY25 EBIT guidance. … Read more
Tata Motors shares will be in focus on Thursday, January 30, after the company’s Q3 profit fell 22% YoY to Rs 5,451 crore, missing Street estimates. The profit was significantly below ET Now poll projections of Rs 6,791 crore. However, revenue from operations rose 3% YoY to Rs 1.13 lakh crore. Consolidated EBITDA during the … Read more
Adani Enterprises. Share Price 3285.40 03:59 PM | 29 Feb 2024 66.41(2.07%) Tata Consumer Products. Share Price 1190.05 03:59 PM | 29 Feb 2024 22.10(1.90%) IndusInd Bank. Share Price 1474.90 03:58 PM | 29 Feb 2024 25.71(1.78%) Mahindra & Mahindra. Share Price 1932.40 03:59 PM | 29 Feb 2024 30.75(1.62%) Adani Ports & Special Economic … Read more
NEW DELHI: As leaders of the world’s largest economies gather in New Delhi this week for the G20 Summit, a global consensus is emerging among investors recognising the potential of India’s economic and industrial prowess, making several sectors attractive to global investors. We reached out to money managers to filter out P20 (20 portfolio) stocks … Read more
The Indian market rose to a fresh record high on Wednesday tracking positive global cues. The S&P BSE Sensex hit a record high above 64,000 for the first time, while Nifty50 hit a high of 19,011. The S&P BSE Sensex closed higher by nearly 500 points at 63,915, while the Nifty50 rose 154 points to … Read more
Auto industry has been gasping for growth for over 10 years now. The different sub segments of the industry have only grown at a 3-6% CAGR over FY10 to FY20 as compared to 10-12% CAGR over FY00 to FY10. The growth of the industry has been impacted as the fortunes of the automobile industry are … Read more
New Delhi: The domestic equity market extended its bull run for the second straight week as benchmark indices scaled new lifetime peaks, supported by positive cues. BSE Sensex and its broader peer Nifty50 added more than 2 per cent each during the week. The broader market marched along with the benchmark indices as BSE Midcap … Read more