Tata Motors is India's
largest automobile company, with consolidated revenues of Rs. 1,88,818 crores
($ 34.7 billion) in 2012-13. Through subsidiaries and associate companies, Tata
Motors has operations in the UK, South Korea, Thailand, Spain, South Africa and
Indonesia. Among them is Jaguar Land Rover, the business comprising the two
iconic British brands.
Company's
domestic (India) business is weak.
Company’s
International business is doing well. Company is coming out with new variants
as well as new products in current year. Company is heavily investing in
product development.
Company expect to launch 8 new products in
current year & 40 new products in 5 years. Management is cautiously
optimistic about next year performance.
With increased sales, there can be positive surprises of higher pe ratio and or improvement in profit margins too
With increased sales, there can be positive surprises of higher pe ratio and or improvement in profit margins too
On positive outcome of company's strategy, we may see large appreciation over few years. Invest for long term - current market price 297, stop loss 265.
Consolidated Financial (Yearly)
Rs in Crore
Rs in Crore
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