Hello friend, Today we’ll explore a multi-bagger stock Tata Motors share price target 2024,2025,2026,2027, 2030 future growth perspective, and opportunity, as an electric vehicle business.
As you know Tata Motors is a big name in the EV segment, and EV is a future for automobile companies.
Whereas, we’ll discuss its key potential metrics to find out growth prospects and threats.
We determined whether EVs increase their market value or hurdle in their pathways.
This article disclosed all the possibilities and probabilities for next-level revenue and sales rise in the upcoming days.
Now, we’ll explore Tata Motors Share Price Targets for 2023, 2024, 2025, 2026, and 2030. To be continued!
About Tata Motors Limited
Tata Motors is a leading automotive manufacturer and distributor in India and globally.
Headquarters in Mumbai, Tata Motors was founded in the year 1945 as Tata Engineering and Locomotive(TELCO) company.
The company started its commercial vehicle manufacturing in 1954. It entered the passenger vehicle segment in the year 1988 and launched a vehicle “ TataMobile”.
The company acquired Daewoo, Korea’s second-largest Truck maker commercial vehicle a reputed company.
At present, it has exported to approximately 60 countries and emerged as a globally leading player in the commercial vehicle segment.
In 2008, Tata Motors bought Ford’s Iconic brands Jaguar & Land Rover and it integrated them to form one company in the year 2013.
Tata Motors Share Price | Fundamentals
ROE | 5.62 | Market Cap | 2,97,120 crore |
ROCE | 5.95 | P/E Ratio | 18.6 |
Book Value | 161 | Industry PE | 23.6 |
Debt to Equity | 2.23 | EPS | 46.62 |
Face Value | 2 | Dividend Yield | 0.25 |
Tata Motors Limited Financials
Talking about Tata Motors’ financials, the company has a market cap of Rs 2,97,120 crore.
The company declared a strong number in its quarterly and half-yearly results.
Net Profit: Tata Motors reported a net profit for Q2 FY24 at Rs 3,764 crore rose from a Rs 944.61 crore loss in last year’s quarter.
Revenue: The company’s revenue from operation increased by 32 per cent to Rs 1.04 lakh crore in Q2 FY24 compared to Rs 78,846 crore in Q2 FY23 and operating profit margin for the same time frame increased 13.19 per cent against 7.67 per cent in Q2 FY23.
EBITDA for the same quarter soared 86.4 per cent to Rs 14,400 crore and the EPS of the company increased from Rs 2.47 in Q2 FY23 to Rs 9.81 in Q2 FY24.
Debt to Equity ratio decreased from 5.21 in the second quarter of FY23 to 2.23 in Q2 FY24 and it is considered to be a positive sign for the company.
Particulars in cr | Sep 22 | Dec 22 | March 23 | Jun 23 | Sep 23 |
---|---|---|---|---|---|
Sales | 79,611 | 88,489 | 105,932 | 102,236 | 105128 |
Net Profit | -898 | 3,043 | 5,496 | 3,301 | 3,832 |
EPS | -284 | 8.91 | 16.28 | 9.64 | 11.33 |
Tata Motors Share Performance
Tata Motors a large-cap company delivered returns last year to its investors of over 81.91 per cent, and from March 2020 whopping returns to its investors of over 1,150 per cent.
Also Read KPI Green Energy Share Price Target
Tata Motors Share Price Target 2024
Tata Motors is one of the leading companies in the EV segment. Recently the company introduced a pure EV model Punch EV, India’s smallest electric SUV, the new Gen-2 EV platform feature.
The company focused on expanding its presence in the EV segment aggressively to gain market share in this sector.
Tata Motors Share Price Target 2024 | First Target | Second Target |
635 | 710 |
Tata Motors Share Price Target 2025
Share of Tata Motors soared from 3 April 2020 at Rs 65.30 to 810
Tata Motors Share Price Target 2025 | First Target | Second Target |
795 | 815 |
Tata Motors Share Price Target 2026
Tata Motors Share Price Target 2026 | First Target | Second Target |
870 | 910 |
Tata Motors Share Price Target 2027
Tata Motors Share Price Target 2027 | First Target | Second Target |
890 | 910 |
Tata Motors Share Price Target 2030
Tata Motors Share Price Target 2030 | First Target | Second Target |
1760 | 1800 |
Tata Motors Share Price Target 2035
Tata Motors Share Price Target 2035 | First Target | Second Target |
1950 | 2100 |
Tata Motors Share Price Target 2040
Tata Motors Share Price Target 2040 | First Target | Second Target |
2400 | 2600 |
Tata Motors Ltd Company Profile
Industry | Automobiles LCVs/ HCVs | Founded Years | 1945 |
Founder Name | Jahangir Ratanji Dadabhoy Tata | Headquarters | Mumbai, Maharashtra, India |
Area Serve | Worldwide | Key People | Natarajan Chandrasekaran |
Products | EVs Vehicle Luxury Vehicle Commercial Vehicle Automotive Parts Pickup Truck SUVs | Services | Automotive F Vehicle Leasing |
No. of Employee | 59,000+ (2022) | Website | https://www.tatamotors.com/ |