Edition:
India

Tata Motors Ltd (TAMdv.BO)

TAMdv.BO on Bombay Stock Exchange

97.50INR
10:49am IST
Change (% chg)

Rs-2.45 (-2.45%)
Prev Close
Rs99.95
Open
Rs100.20
Day's High
Rs100.20
Day's Low
Rs96.40
Volume
87,805
Avg. Vol
283,384
52-wk High
Rs261.80
52-wk Low
Rs95.00

Latest Key Developments (Source: Significant Developments)

Tata Motors Says Sept Jaguar Land Rover Total Retail Sales Down 12.3 Pct
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Tata Motors Ltd ::SAYS JAGUAR LAND ROVER TOTAL RETAIL SALES OF 57,114 VEHICLES IN SEPTEMBER 2018, DOWN 12.3 PERCENT YEAR ON YEAR.SEPT JAGUAR SALES OF 19,146 UNITS, UP 4.4 PERCENT.SEPT LAND ROVER SALES OF 37,968 UNITS, DOWN 18.8 PERCENT.JAGUAR LAND ROVER EXPECTS LOWER TARIFFS ON UK IMPORTS TO BE BENEFICIAL OVER FULL YEAR."AS A BUSINESS WE ARE CONTINUING TO EXPERIENCE CHALLENGING CONDITIONS IN SOME OF OUR KEY MARKETS" FOR JLR .  Full Article

Tata Motors Says Sept Domestic Sales Up About 20 Pct
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Tata Motors Ltd ::SAYS SALES IN DOMESTIC MARKET IN SEPT, GREW BY 20 PERCENT, AT 64,598 UNITS COMPARED TO 53,964 UNITS OVER THE PREVIOUS YEAR.SAYS COMMERCIAL VEHICLES DOMESTIC SALES IN SEPTEMBER 2018 GREW BY 26 PERCENT AT 46,169 UNITS.TATA MOTORS LTD- IN SEPT M&HCV TRUCK SEGMENT GREW 32 PERCENT TO 16,239 UNITS.SAYS SEPT I&LCV TRUCK SEGMENT DELIVERED 5,465 UNITS COMPARED TO 4,449 UNITS OVER LAST YEAR.SAYS SEPT SCV CARGO AND PICKUP SEGMENT REPORTED A GROWTH WITH 19,846 UNITS COMPARED TO 15,607 UNITS.TATA MOTORS LTD- SEPT COMMERCIAL PASSENGER CARRIER SEGMENT GREW 6 PERCENT TO 4,619 UNITS.SAYS SALES FROM EXPORTS (FROM CV AND PV) IN SEPT GREW BY 35 PERCENT WITH 5,250 UNITS COMPARED TO 3,887 UNITS LAST YEAR.TATA MOTORS LTD- SEPT PASSENGER VEHICLES DOMESTIC SALES AT 18,429 UNITS, UP 7 PERCENT.  Full Article

Tata Motors Says Sept Domestic Sales Up 20 Pct
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Tata Motors Ltd ::SAYS SALES IN DOMESTIC MARKET IN SEPT, GREW BY 20 PERCENT, AT 64,250 UNITS COMPARED TO 53,964 UNITS OVER THE PREVIOUS YEAR.SAYS COMMERCIAL VEHICLES DOMESTIC SALES IN SEPTEMBER 2018 GREW BY 26 PERCENT AT 46,169 UNITS.IN SEPT M&HCV TRUCK SEGMENT GREW 32 PERCENT TO 16,239 UNITS.SAYS SEPT I&LCV TRUCK SEGMENT DELIVERED 5,465 UNITS COMPARED TO 4,449 UNITS OVER LAST YEAR.SAYS SEPT SCV CARGO AND PICKUP SEGMENT REPORTED A GROWTH WITH 19,846 UNITS COMPARED TO 15,607 UNITS.SEPT COMMERCIAL PASSENGER CARRIER SEGMENT GREW 6 PERCENT TO 4,619 UNITS.SAYS SALES FROM EXPORTS (FROM CV AND PV) IN SEPT GREW BY 35 PERCENT WITH 5,250 UNITS COMPARED TO 3,887 UNITS LAST YEAR.SEPT PASSENGER VEHICLES DOMESTIC SALES AT 18,429 UNITS, UP 7 PERCENT.  Full Article

Tata Motors Says Workers Who Demonstrated At Ahmedabad Collector Office No Longer Associated With Co
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Tata Motors Ltd ::UNDERSTANDS THAT SOME OF CO'S EX-TEMPORARY WORKERS DEMONSTRATED AT AHMEDABAD COLLECTOR OFFICE.CLARIFY AS PER CONTRACTUAL AGREEMENTS, THESE EX-TEMPORARY WORKERS WERE ENGAGED BY CO FOR A FIXED TIME AND WERE RELIEVED AT END OF TERM.EX-TEMPORARY WORKERS ARE NO LONGER ASSOCIATED WITH TATA MOTORS.  Full Article

Tata Motors Says Group Global Wholesales At 92,639 In July 2018
Saturday, 11 Aug 2018 

Aug 11 (Reuters) - Tata Motors Ltd says::GLOBAL WHOLESALES FOR JAGUAR LAND ROVER WERE 35,007 VEHICLES.  Full Article

Tata Motors Says JLR Total Retail Sales In July Down 21.6 Pct
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Tata Motors Ltd ::SAYS CO ADAPTING TO IMPACT OF TARIFF CHANGES IN THE CHINESE MARKET.JAGUAR LAND ROVER TOTAL RETAIL SALES OF 36,144 VEHICLES IN JULY DOWN 21.6 PERCENT YOY, PRIMARILY REFLECTING TRANSITIONAL ISSUES IN CERTAIN MARKETS."JAGUAR LAND ROVER CONTINUES TO EXPECT SALES GROWTH FOR THE FULL YEAR".JAGUAR TOTAL RETAIL SALES 10,992 VEHICLES IN JULY DOWN 15.2 PERCENT YOY.LAND ROVER TOTAL RETAIL SALES 25,152 VEHICLES IN JULY DOWN 24 PERCENT YOY.SAYS ON JLR, ANTICIPATE IMPACT OF TRANSFER TO WLTP EMISSIONS REGULATIONS WILL BE SHORT-LIVED.JULY SALES WERE DOWN IN EUROPE AND UK IMPACTED BY INDUSTRY-WIDE ISSUE OF DELAYS IN WLTP CERTIFICATION OF 2019 MODEL YEAR VEHICLES.JLR RETAILS FOR JULY DOWN 46.9 PCT IN CHINA DUE TO CONTINUED MARKET VOLATILITY IN FIRST MONTH OF DUTY CHANGE AS WELL AS TRADE TENSIONS.  Full Article

Tata Motors Exec Says: Brexit, Diesel Policy Are Headwinds For JLR, Preparing For Worst Case Scenario
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Tata Motors Ltd ::INDIA'S TATA MOTORS EXEC SAYS SEE SOME NEAR TERM CHALLENGES IN DOMESTIC BUSINESS.INDIA'S TATA MOTORS EXEC SAYS HAVE DECIDED TO REVAMP BUSINESS MODEL IN THAILAND.INDIA'S TATA MOTORS EXEC SAYS WILL NOT HAVE ANY MANUFACTURING IN THAILAND.INDIA'S TATA MOTORS EXEC SAYS TARGETING 3-5 PERCENT GROWTH IN DOMESTIC BUSINESS.INDIA'S TATA MOTORS EXEC SAYS EXPECT TO SAVE AT LEAST 1.7 BILLION RUPEES BY RESTRUCTURING THAILAND OPERATION.INDIA'S TATA MOTORS EXEC SAYS TATA NANO IN ITS CURRENT FORM CANNOT CONTINUE BEYOND 2019 DUE TO INTRODUCTION OF CRASH TEST NORMS.INDIA'S TATA MOTORS EXEC SAYS BREXIT, DIESEL POLICY ARE HEADWINDS FOR JLR, PREPARING FOR WORST CASE SCENARIO.  Full Article

India's Tata Motors Posts June Qtr Consol Loss
Tuesday, 31 Jul 2018 

July 31 (Reuters) - India's Tata Motors Ltd ::JUNE QUARTER CONSOL LOSS 19.02 BILLION RUPEES VERSUS PROFIT OF 31.82 BILLION RUPEES LAST YEAR.JUNE QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 670.81 BILLION RUPEES VERSUS 598.18 BILLION RUPEES LAST YEAR.ON JLR, CO FACED MULTIPLE CHALLENGES INCLUDING TEMPORARY ISSUES LIKE CHINA DUTY IMPACT, MARKET ISSUES LIKE DIESEL CONCERNS IN UK, EUROPE.PROFITABILITY TARGET FOR FY19 REMAINS WITHIN PREVIOUS 4-7 PERCENT PLANNED MARGIN CO HAD SHARED FOR FY19-FY21.EXPECT JLR SALES AND FINANCIAL RESULTS TO IMPROVE OVER THE REMAINDER OF FINANCIAL YEAR.THERE COULD BE FEW CHALLENGES IN SHORT TERM PARTICULARLY IN COMMERCIAL VEHICLES AS NEW REGULATIONS ON AXLE LOADS COME INTO EFFECT.INVESTMENT IN NEW VEHICLES AND SEASONAL WORKING CAPITAL OUTFLOWS OF GBP 1 BILLION LED TO NEGATIVE OPERATING CASH FLOW OF GBP 1.7 BILLION.  Full Article

Tata Motors Restarts Talks To Sell Engineering Unit Stake-Bloomberg
Friday, 20 Jul 2018 

July 20 (Reuters) - :TATA MOTORS RESTARTS TALKS TO SELL ENGINEERING UNIT STAKE-BLOOMBERG,CITING SOURCES.  Full Article

India's Tata Motors Says JLR's Slovakia Plant On Track To Start Production By 2018-End - Annual Report
Friday, 13 Jul 2018 

July 13 (Reuters) - Tata Motors Ltd ::SAYS FROM 2020, ALL JAGUAR LAND ROVER VEHICLES WILL OFFER ELECTRIC OPTION - ANNUAL REPORT.JLR'S MANUFACTURING FOOTPRINT IS EXPANDING WITH SLOVAKIA PLANT ON TRACK FOR START OF PRODUCTION BY END OF 2018.JLR IS ALSO WORKING ON FURTHER EXPANSION OF ITS MANUFACTURING FOOTPRINT IN CHINA VIA ITS JOINT VENTURE.JLR'S SLOVAKIA PLANT PROVIDES OPPORTUNITY TO CO FOR RELATIVELY LOWER COST MANUFACTURING LOCATION COMPARED TO THE UK.  Full Article

RPT-ICRA ratings for Indian debt instruments-Oct 18

(Repeating to add additional ratings as of October 17, 2018) Oct 18 Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of October 17, 2018. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT