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Tata Motors is India's largest CV manufacturer, with an overall domestic market share of 59.4% in FY12 and the second largest producer of passenger vehicles (13.1% in FY12). In 2008, the company acquired two iconic brands, 'Jaguar' and 'Land Rover' from Ford for a total consideration of US$ 2.3 bn and this is likely to transform it into a global player in the passenger vehicles space. It is also credited with the launching of 'Nano', the world's cheapest car till date. Tata Motors is also the first company in the Indian automobile sector to be listed on the New York Stock Exchange.
|American Depository Receipts||Dec 9, 2016|
|Price (US$)34.38||Open (US$)34.21||High (US$)34.39||Low (US$)33.86|
|% Change-1.16||Volume738,224||Value (US$)899,717||52-Week H/L36.80 / 20.00|
Tata Motors Ltd has reported a 19% YoY and 202% YoY growth in sales and net profits for the quarter ended March 2016.
Tata Motors Ltd has reported 3% YoY growth in sales, while net profits have fallen by 2% YoY for the quarter ended December 2015.
Tata Motors Ltd has reported 1% YoY growth in sales and a net loss of Rs 4.4 bn for the quarter ended September 2015.
Mahindra & Mahindra has announced its financial results for the second quarter of the financial year 2016-17 (2QFY17). During the quarter, revenues grew by 15.6% YoY and adjusted net profits grew by 18.5%.
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