Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Tata Motors Limited
  6. News
  7. Summary
    500570   INE155A01022

TATA MOTORS LIMITED

(500570)
  Report
End-of-day quote. End-of-day quote Bombay Stock Exchange - 09/17
308.5 INR   -1.01%
09/17Asian ADRs Move Lower in Friday Trading
MT
09/17TATA MOTORS : launches the prestigious #Gold edition of its flagship SUV – The Safari
PU
09/17Banks beware, outsiders are cracking the code for finance
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tata Motors : simultaneously inaugurates 8 new showrooms in Ahmedabad; Expands footprint in Gujarat to 57 retail touch points

07/23/2021 | 11:51am EDT

In line with its retail acceleration strategy, Tata Motors, India's leading automobile company, today inaugurates 8 strategically located showrooms in and around the vibrant market of Ahmedabad. These showrooms embrace the new and modern retail identity and will host the company's entire range of passenger vehicles, including its electric vehicles portfolio.

With several pockets emerging into upmarket retail locations, Ahmedabad is a dynamic and rapidly growing market. These 8 new retail outlets of Tata Motors are situated in prime locations in these upcoming exclusive pockets, such as S.G.Highway, Ashram Road, Ambawadi, Gota, Vijay Char Rasta, Motera, Vastral & Sanand, providing an enhanced customer experience with a plush feel and quicker turnaround time.

Inaugurating these dealerships, Mr. Shailesh Chandra - President, PVBU, Tata Motors said, 'Tata Motors is the fastest growing brand in Gujarat with a YoY growth of 95% in FY21. We are now priming for our next phase of progression through an aggressive retail expansion, making our New Forever range of cars, UVs and EVs available to all. We are elated to simultaneously inaugurate 8 new state of the art showrooms across several upmarket areas of Ahmedabad which will enable us to deliver exemplary customer experience, both online and offline, catering to today's phygital customer needs. With this, our footprint in Gujarat expands to 57 showrooms. Furthermore, with the recent introduction of the new EV policy (effective from 1st July), by the honourable CM of Gujarat - Shri Vijay Rupani Ji, we expect Gujarat to emerge as one of the largest EV state in the country, and we are confident that our constantly expanding network and product portfolio will help cater to the state government's commitment and emphasis on green mobility.'

This expansion drive comes on the back of a stellar performance in the passenger vehicles market in India with month-on-month growth in sales. Tata Motors PV Business posted its highest ever sales in 9-years, in March 21 and Q4 FY21. In FY21 the business registered its highest ever annual sales in 8 years, while posting a growth of 69% versus FY20. It registered a strong growth of 342% in Q1FY22, over Q1FY21.

For more information, please visit cars.tatamotors.com.

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about TATA MOTORS LIMITED
09/17Asian ADRs Move Lower in Friday Trading
MT
09/17TATA MOTORS : launches the prestigious #Gold edition of its flagship SUV –..
PU
09/17Banks beware, outsiders are cracking the code for finance
RE
09/16TATA MOTORS : announces commercial launch of the 'XPRES T EV' for fleet customer..
AQ
09/16HERO MOTOCORP : India's Hero Motocorp to raise vehicle prices to offset commodit..
RE
09/16TATA MOTORS : Launches New Sub-Brand
MT
09/15Asian ADRs Move Lower in Wednesday Trading
MT
09/15TATA MOTORS : announces commercial launch of the ‘XPRES T EV' for fleet cu..
PU
09/15Indian shares hit new peaks as telcos, auto stocks jump on govt support packa..
RE
09/15Indian shares hit new peaks as telcos, auto stocks jump on govt support packa..
RE
More news
Analyst Recommendations on TATA MOTORS LIMITED
More recommendations
Financials
Sales 2022 2 987 B 40 530 M 40 530 M
Net income 2022 17 304 M 235 M 235 M
Net Debt 2022 702 B 9 529 M 9 529 M
P/E ratio 2022 72,2x
Yield 2022 0,04%
Capitalization 1 099 B 14 914 M 14 912 M
EV / Sales 2022 0,60x
EV / Sales 2023 0,46x
Nbr of Employees 75 278
Free-Float 98,9%
Chart TATA MOTORS LIMITED
Duration : Period :
Tata Motors Limited Technical Analysis Chart | 500570 | INE155A01022 | MarketScreener
Technical analysis trends TATA MOTORS LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 308,50 INR
Average target price 352,71 INR
Spread / Average Target 14,3%
EPS Revisions
Managers and Directors
Thomas Flack Co-President & Chief Purchasing Officer
Rajendra Petkar Co-President & Chief Technology Officer
Ravindra Kumar G.P Co-President & Chief Human Resources Officer
Pathamadai B. Balaji Group Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
Sector and Competitors
1st jan.Capi. (M$)
TATA MOTORS LIMITED67.94%14 914
TOYOTA MOTOR CORPORATION25.93%252 800
VOLKSWAGEN AG24.46%138 958
DAIMLER AG23.48%89 616
GENERAL MOTORS COMPANY23.27%74 517
GREAT WALL MOTOR COMPANY LIMITED16.35%66 245