Tata Motors Ltd Share Price – NSE  /  BSE

Automobile, Mid Cap

Tata Motors will hold a meeting of the Board of Directors of the Company on 10 May 2024.

Powered by Capital Market - Live News

Tata Motors Group global wholesales in Q4 FY24, including Jaguar Land Rover were at 3,77,432 nos., higher by 8%, as compared to Q4 FY23.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q4 FY24 were at 1,11,591 nos., lower by 6%, over Q4 FY23.

Global wholesales of Tata Motors passenger vehicles in Q4 FY24 were at 1,55,651 nos., higher by 15% as compared to Q4 FY23.

Global wholesales for Jaguar Land Rover were 1,10,190 vehicles, higher by 16%. Jaguar wholesales for the quarter were 13,528 vehicles, while Land Rover wholesales for the quarter were 96,662 vehicles.

Powered by Capital Market - Live News

The key equity indices traded in narrow range with modest gains in mid-afternoon trade. The Nifty marched above 22,700 level. FMCG shares advanced after declining in the past trading session. Trading was volatile due to the expiry of weekly index options on the NSE.

At 14:30IST, the barometer index, the S&P BSE Sensex, was up 321.91 points or 0.43% to 75,003.77. The Nifty 50 index added 90.40 points or 0.41% to 22,736.45.

In the broader market, the S&P BSE Mid-Cap index added 0.91% and the S&P BSE Small-Cap index rose 0.51%.

The market breadth was positive. On the BSE, 1,922 shares rose and 1,868 shares fell. A total of 106 shares were unchanged.

Due to the observance of Ramadan Eid on 11 April 2024, the domestic market will be closed. Consequently, the Nifty weekly options expiry has been shifted to today.

Buzzing Index:

The Nifty FMCG index rose 0.91% to 54,117.35. The index fell 0.62% in the past trading sessions.

United Spirits (up 5.83%), Radico Khaitan (up 3.47%), ITC (up 1.82%), Colgate-Palmolive (India) (up 1.69%), Tata Consumer Products (up 1.5%), Marico (up 1.11%), Nestle India (up 1.09%), United Breweries (up 1.03%) and Dabur India (up 0.65%) advanced.

On the other hand, Godrej Consumer Products (down 1.34%), Procter & Gamble Hygiene and Health Care (down 1.14%) and Varun Beverages (down 0.33%) edged lower.

Numbers to Track:

The yield on India's 10-year benchmark federal paper shed 0.45% to 7.122 as compared with previous close 7.154.

In the foreign exchange market, the rupee is edged higher against the dollar. The partially convertible rupee was hovering at 83.1950, compared with its close of 83.3150 during the previous trading session.

MCX Gold futures for 5 April 2024 settlement rose 0.26% to Rs 71,524.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, fell 0.3% to 104.12.

The United States 10-year bond yield shed 0.11% to 4.359.

In the commodities market, Brent crude for May 2024 settlement added 35 cents or 0.39% to $ 89.77 a barrel.

Powered by Capital Market - Live News

Global wholesales of all Tata Motors’ commercial vehicles (including sales of electric vehicles) and Tata Daewoo range in Q4 FY24 were at 1,11,591 units, lower by 6%, over Q4 FY23. Global wholesales of passenger vehicles in Q4 FY24 were at 1,55,651 units, up 15% as compared to Q4 FY23.

Global wholesales for Jaguar Land Rover were 1,10,190 vehicles, higher by 16%. Jaguar wholesales for the quarter were 13,528 vehicles, while Land Rover wholesales for the quarter were 96,662 vehicles.

Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world.

Tata Motors reported a consolidated net profit of Rs 3,764 crore in Q3 FY24, steeply higher than net loss of Rs 944.61 crore posted in Q3 FY23. Revenue from operations grew by 32.5% year on year to Rs 1,04,443.06 crore in the quarter ended 31 December 2023.

The scrip rose 0.44% to trade at Rs 1,012.60 on the BSE.

Powered by Capital Market - Live News