One of India’s largest automakers and a division of the Tata Group is Tata Motors Ltd. The company, which was established in 1945, has been a pioneer in India’s automotive sector, producing a variety of commercial and passenger vehicles. With its goods being marketed in more than 175 nations today, Tata Motors is renowned for its innovation, quality, and affordability. Throughout the years, the company has developed to become a global brand, with a significant presence in many regions across the world. We shall examine Tata Motors’ past, present, and future in more detail in this post.
Tata Motors, an Indian automotive brand with a rich 77-year history in the country, has a prominent presence in the industry, boasting several subsidiaries and engaging in numerous joint ventures.
One of Tata Motors’ significant acquisitions occurred in 2004 when it took control of Daewoo, the largest truck manufacturer in South Korea. However, perhaps its most notable acquisition took place in 2008 when it acquired Jaguar and Land Rover from Ford.
Tata Motors boasts an impressive workforce of over 81,000 employees and maintains a dominant position as a market leader in the commercial vehicle segment, commanding a substantial market share of more than 42%.
Internationally, Tata Motors has forged various strategic alliances, such as its partnership with Fiat. Moreover, the company operates research and development facilities in multiple locations, including the United Kingdom, Italy, India, and South Korea.
CLICK HERE FOR MORE:
HOW TO BUY TATA MOTORS LTD SHARES?
- Paytm Money
TATA MOTORS IN RECENT NEWS
- Tata Motors has introduced an updated iteration of its well-received compact SUV, entering a highly competitive market. The new Nexon will be available for purchase with an introductory ex-showroom price of Rs 8.09 lakh, while the electric variant starts at Rs 14.74 lakh.
|TATA MOTORS SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The growth percentage for the year is predicted to be impressive, with the share price projected to rise from a minimum of ₹516.60 in September to a maximum of ₹787.99 in December 2023.
The month of November is expected to witness a significant increase in the share price, with a maximum price prediction of ₹703.57 . Moreover, the share price is expected to remain high during the later months of the year, with a maximum price prediction of ₹703.57 in November and ₹787.99 in December. The minimum prices are also expected to see a gradual increase, indicating that the share price will remain in an upward trend throughout the year.
TATA MOTORS SHARE PRICE TARGET 2024
|TATA MOTORS SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The year is expected to see an impressive growth in the share price of Tata Motors Ltd, with the company predicted to continue on its growth trajectory.
However, it is worth noting that the share price is expected to trade within a range during the year, with a maximum price target of ₹1,103.23 and a minimum of ₹571.70. The month of November is predicted to witness the highest maximum price target of ₹1,081.59, while May is expected to have the lowest maximum price target of ₹743.21.
Overall, Tata Motors Ltd’s share price target for the year 2024 indicates that the company is expected to witness an impressive growth in its share price.
TATA MOTORS SHARE PRICE TARGET 2025
|TATA MOTORS SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
Tata Motors Ltd is expected to continue on its growth trajectory with a bullish momentum throughout the year.
The maximum price target for the year is predicted to be ₹1,338.23 in December, while the minimum price target is expected to be ₹776.56 in May. The month of November is predicted to witness the highest maximum price target of ₹1,311.99, which signifies a strong upside potential for investors.
TATA MOTORS SHARE PRICE TARGET 2026 TO 2030
|TATA MOTORS SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Looking at the share price prediction for Tata Motors Ltd for the years 2026 to 2030, there seems to be a mix of growth and decline. In 2026, the maximum share price is expected to be around ₹936.76, while the minimum is expected to be around ₹655.73. Similarly, in 2027, the maximum and minimum share prices are expected to be around ₹796.25 and ₹557.37, respectively. However, in 2028, there is a bullish trend, with the maximum share price expected to be around ₹1,433.25 and the minimum around ₹1,003.27. In 2029, there is a significant uptrend, with the maximum share price predicted to be around ₹2,944.11 and the minimum around ₹2,060.88. Finally, in 2030, the maximum and minimum share prices are expected to be around ₹3,278.67 and ₹2,295.07, respectively. Overall, there is a mix of bearish and bullish trends, with significant growth predicted for the years 2028 and 2029.
CLICK HERE TO KNOW:
FINANCIAL STRENGTH OF TATA MOTORS LTD (2019 TO 2023)
|Dividend Payout (%)||0%||0%||0%||0%||32%|
|Dividend per Share||0.00||0.00||0.00||0.00||2.34|
|Tax Rate (%)||-0%||28%||25%||35%||23%|
Based on our analysis the financial data presented in the table for the period spanning from March 2019 to March 2023, several key trends can be observed. Despite a challenging start in March 2019 with negative net profits and earnings per share (EPS), the company steadily improved its financial performance. Sales (TTM) showed consistent growth, reaching a peak of Rs 345,967 million in March 2023. Operating profits (TTM) also displayed positive momentum, with a notable increase from Rs 24,664 million in March 2019 to Rs 31,816 million in March 2023. Furthermore, the company’s net profit rebounded from losses to Rs 2,690 million in March 2023, translating into positive EPS of 7.27. Additionally, the dividend payout percentage increased over this period, reaching 32% in March 2023. However, it’s important to note that the company faced fluctuations in expenses, interest expenses, and depreciation over these years, with the tax rate varying as well. These trends collectively indicate the company’s efforts to stabilize and improve its financial position during this period.
CLICK HERE FOR MORE:
POINTS TO KEEP IN MIND WHILE INVESTING IN TATA MOTORS LTD SHARES:
- Anticipated strong performance in the upcoming quarter for the company.
- The stock is currently trading at 4.58 times its book value.
- Over the past five years, the company has experienced lackluster sales growth, with an increase of only 3.48%.
- The company’s return on equity (ROE) has remained low at -7.15% over the last 3 years.
TATA MOTORS SHARES PRICE TARGET BY EXPERTS:
- Jefferies, the brokerage firm, has raised its target price for Tata Group stock in a base case scenario, increasing it from Rs 665 to Rs 700. They suggest a potential maximum upside of 40%, setting a price target of Rs 790 per share.(June 13,2023)
- ICICI Direct has issued a buy recommendation for Tata Motors stock, with a target price of Rs 700.(july 13,2023)
- CLSA, another brokerage firm, has revised its price target for Tata Motors’ stock upwards to Rs 690 from Rs 624, indicating a potential 10% upside from current levels.(June 28,2023)
- Motilal Oswal recommends buying Tata Motors and has set a price target of Rs. 650. They had previously provided targets of Rs. 540 and Rs. 575.(july 15,2023)
- Investec notes that Nomura India has increased its price forecast for Tata Motors (TaMo) stock to Rs. 685.(july 26,2023)
The maximum share price of Tata Motors Ltd in 2025 is Rs.1,338.23
The maximum share price of Tata Motors Ltd in 2028 is Rs. 1433.25
The maximum share price of Tata Motors Ltd in 2029 is Rs. 2944.11
The maximum share price of Tata Motors Ltd in 2030 is Rs. 3278.67
CONCLUSION: TATA MOTORS LTD
Tata Motors’ financial filings over the previous five years show that the business has witnessed changes in both sales and profitability. The company’s profit after tax (PAT) has been negative for the last three years, despite the fact that its revenue growth has been variable, with a mix of positive and negative growth rates. The operational profit margin of the business has also been dropping recently, reaching a low of 0.17% in FY 2020. Despite the fact that Tata Motors’ basic EPS has been negative for a while, the firm has been making efforts to cut expenses and boost productivity.
Based on the financial performance table and expert opinions, Tata Motors has shown a promising recovery in recent years, with a positive outlook. Experts from Jefferies anticipate a significant potential upside, targeting Rs 700 in a base case scenario, while CLSA and ICICI Direct also express confidence with revised price targets. Motilal Oswal and Investec’s references to buy recommendations further underline the positive sentiment. These factors collectively suggest a favorable trajectory for Tata Motors’ stock.Given these elements, it is advised that prospective investors carry out more investigation and analysis before investing in Tata
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.