Passenger and commercial vehicle manufacture Tata Motors Ltd. has been removed from brokerage firm CLSA’s high conviction outperform list. Tata Motors was downgraded back to its “outperform” rating and its price target was cut by 18% to ₹765 from ₹930 earlier. The revised price target implies a potential upside of 17% from Thursday’s closing. The…
BYD, China’s leading electric vehicle (EV) maker, saw its market capitalisation surge to almost $162 billion on Tuesday, March 18, after unveiling a new battery and charging system that charges almost as fast as refuelling a conventional car. The surge in BYD’s stock pushed its market capitalisation beyond the combined market value of India’s top…
Staging an India entry with Tesla and Starlink just when his business is struggling with several challenges, Elon Musk may find the promise of the Indian market has dimmed for his business. Long seen as a potential disruptor for India’s electric vehicle (EV) and telecom market, today Musk stares at the India opportunity made complex…
March is up on our calendars and is a month when we expect offers from major car brands. Tata Motors is planning to roll out the Harrier EV soon, however, as for now it has extended discounts and offers worth Rs 1 lakh on the EVs. The Indian car manufacturer is offering discounts on the…
Tata Nexon EV LR 40.5 kWh discontinued. Tata Motors has revised the lineup for its best-selling electric SUV, the Nexon EV, by discontinuing the 40.5 kWh battery pack option. With this update, the electric SUV is now available with only two battery pack options: 30 kWh and 45 kWh.The 40.5 kWh version was positioned between…
Last Updated:February 05, 2025, 12:11 IST Shantanu Naidu has been appointed as the General Manager and Head of Strategic Initiatives at Tata Motors; Here’s a look at his journey A look at Shantanu Naidu’s Journey- From Ratan Tata’s Aide to General Manager at Tata Motors Shantanu Naidu, the close confidant and manager of the late…
Shantanu Naidu, the close confidant and manager of the late Ratan Tata, has taken to LinkedIn to announce a significant career move. Naidu, who was often described as Tata’s shadow in his final years, shared his excitement about his new role at Tata Motors. Industrialist Ratan Tata with his assistant Shantanu Naidu (Also read: Shantanu…
Brokerage firm Jefferies has downgraded shares of Tata Motors Ltd. to “underperform” from its earlier rating of “buy” and has sharply cut its price target to ₹660 from ₹930 earlier. Company Value Change %Change The revised price target implies a further 13% downside from Wednesday’s closing levels for Tata Motors shares, which have already corrected…
Leading auto company Tata Motors‘ third-quarter profit missed the Street estimates by a wide margin as the bottom line fell 22% YoY to Rs 5,451 crore. The profit was way below the ET Now poll estimates of Rs 6,791 crore. However, the revenue from operations increased 3% YoY to Rs 1.13 lakh crore. Consolidated EBITDA…
SUMMARY Stocks to watch, HAL, Zomato, Tata Motors, YES Bank, NESCO, Bajel Projects and more, these are the stocks to watch for today. 1 / 6 Zomato | Food delivery aggregator said it has received an order from the Joint Commissioner of CGST & Central Excise, Thane Commissionerate, Maharashtra, demanding ₹401.7 crore in goods and…
