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Tata Motors Ltd (TAMO.NS)

TAMO.NS on National Stock Exchange of India

180.20INR
20 Mar 2019
Change (% chg)

Rs-2.65 (-1.45%)
Prev Close
Rs182.85
Open
Rs183.00
Day's High
Rs183.45
Day's Low
Rs179.60
Volume
7,543,753
Avg. Vol
16,532,397
52-wk High
Rs372.35
52-wk Low
Rs129.00

Latest Key Developments (Source: Significant Developments)

Tata Motors February Domestic Sales Down 3 Pct
Friday, 1 Mar 2019 

March 1 (Reuters) - Tata Motors Ltd ::TATA MOTORS DOMESTIC SALES RECORDED 57,221 UNITS IN FEBRUARY 2019.TATA MOTORS COMMERCIAL VEHICLES (CV) DOMESTIC SALES DECLINED BY 5 PERCENT IN FEBRUARY 2019 AT 39,111 UNITS.I&LCV TRUCK SEGMENT RECORDED A GROWTH OF 4% WITH 5,017 UNITS IN FEBRUARY 2019.SAYS M&HCV TRUCK SEGMENT DECLINED BY 18 PERCENT IN FEBRUARY 2019 AT 12,437 UNITS.COMMERCIAL PASSENGER CARRIER SEGMENT RECORDED SALES OF 4,240 UNITS IN FEB, LOWER BY 18% OVER LAST YEAR.SALES FROM EXPORTS IN FEBRUARY 2019 WAS AT 2,930 UNITS, LOWER BY 39% OVER LAST YEAR.TATA MOTORS SCV CARGO AND PICKUP SEGMENT UP 9 PERCENT AT 17,417 UNITS FOR FEBRUARY.SAYS PASSENGER VEHICLES DOMESTIC SALES RECORDED A GROWTH OF 2 PERCENT IN FEBRUARY 2019 AT 18,110 UNITS.FEB EXPORTS HIT BY CONGESTION AT BANGLADESH BORDER, NEW REGULATIONS, POLITICAL UNCERTAINTY IN SRI LANKA.FEB EXPORTS ALSO HIT BY SLUMP IN MIDDLE EAST AUTOMOTIVE MARKET.FEB DOMESTIC SALES DOWN 3% AT 57,221 UNITS AS WEAK CONSUMER SENTIMENTS CONTINUED IN FEBRUARY 2019.  Full Article

Tata Motors Denies Selling Stake In JLR, Says "No Truth To The Rumours"
Friday, 1 Mar 2019 

March 1 (Reuters) - Tata Motors Ltd ::DENIES SELLING STAKE IN JAGUAR LAND ROVER, SAYS "NO TRUTH TO THE RUMOURS".  Full Article

India'sTata Motors To Explore Options For JLR, Including Stake Sale - ET Now
Friday, 1 Mar 2019 

March 1 (Reuters) - :SAID TO EXPLORE OPTIONS FOR JLR, INCLUDING STAKE SALE - ET NOW.MAY PREFER TO KEEP CONTROL OF JLR, SEEKING INVESTOR - ET NOW.  Full Article

Tata Motors Says JLR On Track To Achieve £2.5 Bln Of Cash, Profit Improvement By March 2020
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Tata Motors Ltd ::JLR'S DECISION TO REDUCE GLOBAL WORKFORCE BY 4,500 EXPECTED TO RESULT IN A ONE-TIME EXCEPTIONAL REDUNDANCY COST OF AROUND £200 MILLION."BUILDING TATA MOTORS GROUP TO DELIVER STRONG RESULTS IN THE MEDIUM TERM".FOR JLR, ON TRACK TO ACHIEVE £2.5 BILLION OF CASH AND PROFIT IMPROVEMENT BY MARCH 2020.  Full Article

Fitch Places Tata Motors On RWN Over Brexit Risks For JLR
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Fitch:FITCH PLACES TATA MOTORS ON RWN OVER BREXIT RISKS FOR JLR.FITCH SAYS HAS PLACED TATA MOTORS LIMITED'S (TML) LONG-TERM ISSUER DEFAULT RATING (IDR) OF 'BB' ON RATING WATCH NEGATIVE.FITCH SAYS AIM TO RESOLVE TATA MOTORS RWN IN NEXT FEW MONTHS, WHEN WE WILL HAVE MORE CLARITY OVER OUTCOME OF BREXIT NEGOTIATIONS AND IMPACT ON TML.  Full Article

Tata Motors Domestic Sales At 54,915 Units In January
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Tata Motors Ltd ::DOMESTIC SALES 54,915 UNITS IN JANUARY 2019.COMMERCIAL VEHICLES DOMESTIC SALES DECLINED BY 6% IN JANUARY 2019 TO 37,089 UNITS.M&HCV TRUCK SALES DECLINE BY 9 PERCENT IN JANUARY 2019 TO 11,694 UNITS.SALES FROM EXPORTS FROM CV AND PV IN JANUARY 2019 WAS AT 3,270 UNITS, DOWN BY 37 PERCENT.  Full Article

Jaguar Land Rover cannot predict what it will do in a hard Brexit- CEO
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Tata Motors Ltd ::JAGUAR LAND ROVER CEO SAYS SERIOUS CONCERNS ABOUT THE IMPACT OF HARD BREXIT, NOT POSSIBLE TO PREDICT WHAT STEPS MIGHT BE REQUIRED IF THAT HAPPENS.JAGUAR LAND ROVER CEO SAYS WILL NOT COMMENT ON HYPOTHETICAL POST-BREXIT SCENARIOS.JAGUAR LAND ROVER CEO SAYS I HAVEN'T TODAY MENTIONED ANY JOB CUTS BASED ON BREXIT.JAGUAR LAND ROVER CEO SAYS BREXIT PLAYS INDIRECTLY A ROLE IN JOB CUTS AS WE SEE UK MARKET IS DOWN 7 PERCENT.JAGUAR LAND ROVER CEO SAYS ON STOCKPILING, WE TRY TO DO WHATEVER WE CAN WHICH IS IN DAYS NOT WEEKS.JAGUAR LAND ROVER CEO SAYS I WANT TO HAND OVER THE COMPANY IN A GOOD POSITION, STRONGER THAN I INHERITED IT.  Full Article

Jaguar Land Rover CEO says will continue to develop diesel and petrol cars
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Tata Motors Ltd ::JAGUAR LAND ROVER CEO SAYS LATER THIS YEAR ELECTRIC DRIVE UNITS TO BE BUILT AT WOLVERHAMPTON PLANT.JAGUAR LAND ROVER CEO SAYS FUTURE DEVELOPMENT WILL INCLUDE NEW MODERN AND CLEAN DIESEL AND PETROL CARS.JAGUAR LAND ROVER CEO SAYS WILL REVEAL NEW DEFENDER.JAGUAR LAND ROVER CEO SAYS ASKED ABOUT WHETHER THERE WILL BE A NEED FOR MORE PRODUCTION JOB CUTS IF DEMAND FALLS, SAYS I CANNOT PREDICT THE FUTURE.JAGUAR LAND ROVER CEO SAYS I CANNOT GIVE YOU ANY IDEA ON HOW BREXIT WILL END UP IN MARCH.JAGUAR LAND ROVER CEO SAYS WE HAVE HUGE IMPLICATIONS IF WE SEE A HARD BREXIT.JAGUAR LAND ROVER CEO SAYS SUVS IN HIGH DEMAND, RELATIVE GROWTH RATES BUT LEVELLING OUT ON A HIGH LEVEL.JAGUAR LAND ROVER CEO SAYS SO MANY OPTIONS FOR HOW THE JAGUAR BRAND COULD BE DEVELOPED, WE LOOK AT ALL OF THEM.JAGUAR LAND ROVER CEO SAYS WE HAVEN'T GROWN TOO QUICKLY, WE HAVE GROWN IN AN ORGANIC WAY.JAGUAR LAND ROVER CEO ON 2019 SAYS ROLLING OUT THE EVOQUE, LAUNCHING DEFENDER, EXPECT GROWTH.JAGUAR LAND ROVER CEO SAYS WE ARE THINKING ABOUT BUILDING PURE ELECTRIC VEHICLES IN THE UK.JAGUAR LAND ROVER CEO ASKED WHETHER PLANTS WILL CLOSE IN APRIL AFTER BREXIT, SAYS I DON'T KNOW.JAGUAR LAND ROVER CEO SAYS HALEWOOD PLANT IS VERY GOOD AFTER TOTAL RESTRUCTURING.JAGUAR LAND ROVER CEO SAYS WILL BOTH CREATE NEW ROLES AND USE EXISTING WORKFORCE FOR NEW BATTERY-RELATED JOBS BEING CREATED.  Full Article

UK minister says to meet Jaguar Land Rover, politicians and unions on Monday
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Tata Motors Ltd ::UK BUSINESS MINISTER SAYS THE GOVERNMENT HAS, AND WILL WORK CONTINUE, TO WORK CLOSELY WITH THE BUSINESS TO ENSURE THAT IT CAN SUCCEED LONG INTO THE FUTURE.UK BUSINESS MINISTER SAYS WILL MEET WITH JLR AND REGIONAL POLITICIANS ON MONDAY.  Full Article

Tata Motors JLR CCO Says Economic Slowdown In China, Trade Tensions Continues To Influence Consumer Confidence
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Tata Motors Ltd ::SAYS JAGUAR RETAIL SALES INCREASED TO 16,165 VEHICLES IN DECEMBER, UP 7.2% YEAR-ON-YEAR.JAGUAR LAND ROVER CONTINUES TO WORK CLOSELY WITH RETAILERS IN CHINA TO BALANCE PRODUCTION WITH DEMAND.JLR CCO SAYS ECONOMIC SLOWDOWN IN CHINA, TRADE TENSIONS CONTINUING TO INFLUENCE CONSUMER CONFIDENCE.SALES OF LAND ROVER MODELS FELL BY 6.9 PERCENT AS MARKET CONDITIONS IN CHINA AND EUROPE HELD BACK PERFORMANCE IN DEC.  Full Article

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Fiat Chrysler revs up as Peugeot points to merger potential

LONDON Fiat Chrysler shares jumped on Tuesday to the top of Europe's STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options.