- Tata Motors sold a total of 71,996 vehicles in July 2024.
- The majority of these sales, 70,161 units, were made locally.
- Passenger vehicle sales amounted to 44,954 units.
- Commercial vehicle sales amounted to 27,042 units.
- There were 24 analysts recommending a buy on Tata Motors stock.
- 6 analysts had a hold recommendation on the stock.
- 5 analysts recommended selling Tata Motors stock.
Tata Motors Ltd on Smartkarma
Analyst coverage on Tata Motors Ltd by independent research network Smartkarma has provided valuable insights from top analysts. Trung Nguyen from Lucror Analytics shared a bearish perspective in the report titled “Tata Motors – Earnings Flash – FY 2023-24 Results,” praising the company’s stellar Q4 and FY 2023-24 results which saw a significant decrease in net debt, turning the Indian business net cash. The group aims to achieve overall net automotive debt freedom by FY 2024-25.
On the other hand, Leonard Law, CFA, highlighted a bullish sentiment in the report “Morning Views Asia: Tata Motors ADR, Xiaomi Corp” where Lucror Analytics provided fundamental credit analysis and trade recommendations for high yield issuers. Additionally, Nimish Maheshwari presented an optimistic outlook with the report “Decoding Tata Motors Demerger: The Way Ahead,” emphasizing the strategic demerger plan to unlock value in electric vehicles and Jaguar Land Rover unit, streamlining operations and maximizing shareholder value in the automotive sector.
A look at Tata Motors Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tata Motors Ltd has a positive long-term outlook. With a Growth score of 5, the company is expected to experience strong growth potential in the future. Additionally, Tata Motors received a Momentum score of 4, indicating that the company is likely to continue its positive performance in the market.
Although the Value score is at 3 and the Dividend score is at 2, Tata Motors has shown resilience with a score of 3. This resilience suggests that the company is capable of withstanding various market conditions and challenges. Overall, Tata Motors Ltd seems well-positioned for long-term success in the automotive industry, with a particularly strong focus on growth and momentum.
### Tata Motors Limited manufactures cars and commercial automotive vehicles. The Company designs, manufactures, and sells heavy, medium, and small commercial vehicles including trucks, tankers, vans, buses, ambulances and minibuses. Tata also manufactures small cars and sports utility vehicles. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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