Tata Motors Share Price Today/ Tata Motors Stock Live Updates for September 12, 2024: Tata Motors’ stock closed in positive territory on Thursday. Its share price declined over 5% on Wednesday, trading among top losers in the Nifty 50 pack. Global brokerage UBS Securities has retained a “sell” call on the stock at a target price of ₹825, citing over 20% downside potential.
Tata Motors stock in focus: UBS on Tata Motors
- Sell Call, Target Rs 825
- The Question Is Should Investors Worry With JLR Discounts Spike
- Defender, Range Rover & Range Rover Sport, Trio Are JLR’s Prem Models Have Boosted ASPs
- The Extended Successful Run Of These Models Has Started To Moderate
- The Orderbook Is Now Below Pre-COVID Levels
- Range Rover Discounts Could Also Soon Rise
- Expect Further Downside Risk From Margin Slippage At JLR & Within Indian PVs
ALL UPDATES
- September 12, 2024 15:39
Tata Motors stock closing figures: Tata Motors stock closed in positive territory
Shares of Tata Motors closed 1.02% higher on the BSE at ₹986.
On the NSE, the stock closed at ₹984, up by 0.79%.
- September 12, 2024 15:11
Tata Motors share price update: Stock inches up close to 1%
Shares of Tata Motors inched up 0.96% on the NSE, trading at ₹985.70 as at 3.10 pm.
- September 12, 2024 14:25
Stock market live updates today: Sensex, Nifty climbs 1%
Sensex climbed 1009.97 pts or 1.24 % to trade at 82,533.13 as at 2.23 pm, Nifty 50 rose 337.65 pts or 1.36% to 25,256.10.
- September 12, 2024 14:06
Tata Motors shares traded flat on the NSE at ₹974.70 as at 2.04 pm.
- September 12, 2024 13:03
Tata Motors’ shares traded at ₹967.75 on the NSE, down by 0.88% as at 1 pm.
- September 12, 2024 12:05
Tata Motors share price in focus
Tata Motors shares slid down 0.59% on the NSE, trading at ₹970.50 as at 12 noon.
On the BSE, the stock slipped 0.53% to trade at ₹970.80.
- September 12, 2024 11:13
Tata Motors shares traded flat on the NSE at ₹974.85 as at 11.11 am.
- September 12, 2024 10:40
Tata Motors stock price in focus
Tata Motors shares traded at ₹972.75 on the NSE, down by 0.36% as at 10.38 pm.
- September 12, 2024 09:51
Tata Motors stock price update: Shares fall 1%
Tata Motors shares declined by 1% on the NSE, trading at ₹966.55 as at 9.40 am.
- September 11, 2024 15:48
Tata Motors share price closing figures: Tata Motors stock ends over 5% lower
Tata Motors shares declined 5.73% on the NSE, trading at ₹976.40.
On the BSE, the stock declined 5.77% to ₹975.75
- September 11, 2024 15:11
Tata Motors stock declined 5.48% on the NSE at ₹979 as at 3.10 pm.
- September 11, 2024 14:02
Tata Motors share price update
Tata Motors stock slumped 5.65% on the NSE, trading at ₹977.30 as at 2 pm.
- September 11, 2024 13:55
Jaguar Owner Tata Motors Drops as UBS Sees Risks from Discounts: Bloomberg
Tata Motors Ltd.’s shares are set for their longest losing streak in 16 years as UBS Group AG said rising discounts would hurt the earnings of the British maker of luxury SUVs.
The Indian company’s shares fell as much as 5.9% on Wednesday in a ninth day of declines, the longest run of losses since October 2008. The stock is the worst performer on the benchmark NSE Nifty 50 Index.
The plunge came as UBS warned Jaguar-Land Rover orderbook is weak and fresh bookings lag behind supply. The weakness in Jaguar business, which largely derives its revenue outside of India, will add to headwinds facing domestic car makers amid weak demand and piling inventories. Tata Motors cut prices of some vehicles this week.
“We would not be surprised if the incentives for Range Rover — JLR’s apex model — start rising soon from near-zero levels,” UBS analysts Pramod Kumar and Nikunj Mandowara wrote in a note. Rising discounts, moderating growth and a lack of new launches in non-EV categories may led to “significantly weaker” financials for the next fiscal year, they said.
UBS maintained its sell rating on the company, with a target price of 825 rupees, implying over 20% downside from Tuesday’s closing price.
Bloomberg report
- September 11, 2024 13:02
Tata Motors shares trade at ₹980.65 on the NSE, lower by 5.32% as at 1 pm.
- September 11, 2024 12:12
Tata Motors stock today: Tata Motors stock outlook as at 12 noon
Shares of Tata Motors traded lower by 5.31% on the NSE at ₹980.75.
On the BSE, the stock traded at ₹980.80, lower by 5.28%.
- September 11, 2024 11:40
Tata Motors share price update: Stock tanks close to 6%
Tata Motors shares tanked by 5.82% on the NSE, trading at ₹975.50 as at 11.38 am.
- September 11, 2024 10:16
Tata Motors share price dipped 5.30% on the NSE, trading below ₹1,000 at ₹980.95 as at 10.14 am.
- September 11, 2024 10:03
Tata Motors share price updates: Tata Motors stock falls close to 5%
Tata Motors shares fell 4.81% on the NSE, trading at ₹986 as at 10 am.
- September 11, 2024 09:56
UBS on Tata Motors: Maintain Sell on Company, target price at Rs 825/Sh (Neutral)
- September 11, 2024 09:53
Tata Motors share price in focus
Tata Motors’ share price declined over 4% in early trade on Wednesday, trading among top losers in the Nifty 50 pack. Global brokerage UBS Securities has retained a “sell” call on the stock at a target price of ₹825, citing over 20% downside potential.
- August 16, 2024 15:41
Tata Motors share price closing figures: Tata Motors stock surged over 3%
Tata Motors shares ended at 1,098 on the NSE, higher by 3.36%.
On the BSE, the stock rose 3.31% to close at ₹1,097.15.
- August 16, 2024 15:39
Tata Motors shares closed among top gainers in the Nifty 50 pack on Friday.
- August 16, 2024 15:13
Tata Motors shares were up 3.20% on the NSE, trading at ₹1,096.30 as at 3.12 pm.
- August 16, 2024 15:00
Tata Motors stock in focus: Tata Motors shares climbed over 3%
The stock of Tata Motors surged 3.28% to trade at ₹1,097.20 as at 2.58 pm.
- August 16, 2024 14:18
Tata Motors share rose 2.52% on the NSE, trading at ₹1,089.10 as at 2.16 pm.
- August 16, 2024 13:21
Tata Motors share price updates
Tata Motors stock traded at ₹1,088.95 on the NSE, higher by 2.50% as at 1.19 pm.
On the BSE, the stock was up 2.55% to trade at ₹1,089.05.
- August 16, 2024 12:40
Tata Motors shares rose 2.50% on the NSE, trading at ₹1,088.98 as at 12.39 pm.
- August 16, 2024 12:03
Stock market update: Top gainers on the NSE include Tata Motors
Top gainers on the NSE as at 12 noon:
Wipro (3.08%), LTIMindtree (2.59%), M&M (2.54%), Tech Mahindra (2.46%), Tata Motors (2.33%)
Top losers:
SBI Life (-0.63%), HDFC Life (-0.55%), Divi’s Lab (-0.47%), Sun Pharma (-0.43%), Hero Motocorp (-0.40%)
- August 16, 2024 11:55
Tata Motors shares rose 2.35% on the NSE, trading at ₹1,087.35 as at 11.53 am.
- August 16, 2024 11:38
Tata Motors Q1 results in focus
Tata Motors Ltd reported a 74 per cent increase in its consolidated net profit with ₹5,566 crore reported in the June quarter as opposed to ₹3,203 in the same quarter last year.
The company’s profit dropped by 68 per cent compared to the March quarter with ₹17,407 crore.
The total revenue from operations posted a 5.68 per cent growth, with ₹1,08,048 crore for the June quarter compared with ₹1,02,236 crore reported during the same quarter last year. The total revenue from operations dropped by 10 per cent, with ₹1,19,986 crore reported during the March quarter.
Tata Motors had a cash flow of ₹1,200 crore driven by strong improvement in cash profits, while the net automotive debt was marginally higher at ₹18,600 crore during the quarter.
- August 16, 2024 11:20
Tata Motors share price in focus
Tata Motors shares traded at ₹1,084 on the NSE, up 2.04% as at 11.16 am.
Tata Motors DVR shares were up 1.83% on the NSE, trading at ₹738.80.
- August 16, 2024 10:34
Tata Motors shares were up 2.06% on the NSE, trading at ₹1,084.20 as at 10.32 am.
- August 16, 2024 10:00
Sensex, Nifty open higher
Track bl’s stock market live updates here
- August 16, 2024 09:58
Tata Motors stock in focus: Brokerage Motilal Oswal on earnings momentum
Domestic brokerage Motilal Oswal Financial, post-Q1 analysis, said: “We expect the earnings momentum to sustain; albeit, the magnitude of its growth is expected likely to moderate to about 15 per cent over FY24-26. The corporate earnings scorecard for 1QFY25 has met expectations been in-line, with heavyweights such as HDFC Bank, Tata Motors, ICICI Bank, Maruti Suzuki, and TCS driving the aggregate.”
- August 16, 2024 09:56
36% consumers have let go of their ICE vehicles for EV: Tata Motors
According to a survey conducted by Tata Motors 75 per cent of customers use electric vehicles as their primary vehicle
(Aroosa Ahmed of businessline reports)
- August 16, 2024 09:55
Tata Motors share price update: Shares gain 3%
Tata Motors shares rose 2.48% on the NSE, trading at ₹1,088.65 as at 9.31 am.
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