In this article, I am going to analyze the fundamentals and technicals of Tata Motors. On the basis of the technicals and fundamentals, the Tata Motors share price prediction is given below. If you like this article share it with your friends and family.
Tata Motors Ltd is one of the Indian multinational automotive manufacturing companies which is part of the Tata group. The Tata Motors headquarters is situated in Mumbai Maharashtra.
Business areas of Tata Motors:
Tata Motors mainly produces passenger cars, trucks, buses, vans, goods vehicles, coaches, infrastructure utility equipment, etc.
Now Tata Motors also produces electric cars and electric buses. Electric vehicle production gives more boost to its business growth.
Subsidiaries of Tata Motors:
Tata Motors makes a joint venture with British premium car maker Jaguar Land Rover to manufacture luxurious cars. It also collaborates with South Korean Commercial vehicle company Daewoo to produce the cheapest cars.
Tata Motors make a Joint venture with Hitachi a construction equipment manufacturing company to manufacture construction types of equipment.
Tata Motors also made a joint venture with Stellantis which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
Tata Motors set joint venture with Marco Polo, a Brazil-based company that manufactures and assembles fully built buses and coaches.
In this joint venture, Tata Motors has 51% shares and Marco Polo has 49% shares.
Another joint venture with Stellantis Fiat an Indian-based company that produces Fiat and Tata brands passenger cars.
Tata Hitachi Construction Machinery
The joint venture with Hitachi involved manufacturing construction equipment.
Presently Tata Motors also produces Electric vehicles like the Tata Nexon EV, Tata Tigor EV
Tata Altroz EV and Tata Ace EV.
manufacturing plants of Tata Motors:
Major manufacturing plants situated throughout the country like Pantnagar, Jamshedpur, Lucknow, Sanand, Dharwad, and Pune.
Tata Motors also has its manufacturing units outside India some countries are South Africa, the United Kingdom, and Thailand.
Fundamentals of Tata Motors:
let’s understand the fundaments of Tata Motors that give free information about the strengths and weaknesses of the company.
| Sector | Automobiles-Trucks/Lcv |
| Market CAP: | 1,47,998 Cr. |
| No. of shares: | 332.13 Cr |
| PE: | 330.36 |
| PB: | 7.66 |
| Book Value: | 59.12 Rs |
| Cash: | 2,605.43 Cr. |
| Debt: | 23.232.65 Cr. |
| Sales Growth: | 56.63% |
| ROE: | -8.93% |
| ROCE: | 1.15% |
| Profit Growth: | 24.23% |
The main revenue source of Tata Motors is sales of its vehicles and Tata Motors reported outstanding sales growth of 56.63% which indicates the growth of the company.
The profit growth of the company is 24.23 % over the year which satisfies the investors.
The Tata Motors dividend yield is zero which dissatisfies its investors.
The promoter holding is good at 46.39% but pledging of 1.82% has a negative impact on Tata Motors.
Recently Tata Motors fully owned subsidiary company TML CV Mobility Solutions signed an agreement with Delhi Transport Corporation for the supply of 1500 electric buses which best part of its electric vehicles production growth indication.
Share Holding pattern:
The promoter holding is more than 40% which is good for the company but the promoter’s share pledging has a negative impact on the company which is 1.82%.
DII holding is more than 10% which is good for the company.
FII holding also more than 10% which is also good for the company.
However, the public holding in the company is more than 10% which is 20% is not good for the company’s rapid growth. More liquid of share less demand for the share. If share liquidity is below 10% then it is good for its growth.
Tata Motors technical analysis:
Tata Motors is now in a consolidation phase, in the range between 390 to 500 on the monthly chart. On the monthly Chart, candles are making a bullish flag pattern when the range breaks upside the next target will be 610.
As of now on the monthly chart major support for Tata Motors is 370 to 345 and major resistance is 500 to 534.
Technical Indicators on the Monthly Chart:
Oscillators:
RSI(14) is 58
MACD Level (12,26) is 42.
Moving Averages:
Simple moving average (20) is 420, (50) is 270,( 100) is 342 and (200) is 272.
Tata Motors Share Price Prediction/Forecast/Target
| Year | minimum price in Rs. | maximum price Rs. |
| 2023 | 367 | 537 |
| 2024 | 500 | 610 |
| 2025 | 587 | 723 |
| 2026 | 715 | 836 |
| 2027 | 782 | 924 |
| 2028 | 890 | 1027 |
| 2029 | 992 | 1310 |
| 2030 | 1287 | 1584 |
| 2035 | 1805 | 2286 |
| 2040 | 2583 | 2886 |
| 2045 | 3354 | 3985 |
| 2050 | 4216 | 4752 |
Tata Motors share price target 2023
Tata Motor’s share price in 2023 will be a minimum of 367 and a maximum of 537. Tata Motors’ share price target in 2023 will be 526.
Tata Motors share price target 2024
Tata Motors’ share price in 2024 will be a minimum of 500 and a maximum of 610. The share price target in 2024 will be 598.
Tata Motors share price target 2025
The share price of Tata Motors in 2025 will be a minimum of 587 and a maximum of 723 and the target will be 717 in 2025.
The government of India is encouraging electrical vehicles for pollution-free India. This vision boosts the manufacturing of electronic vehicles manufacturing sector and Tata Motor is one of them.
Tata Motors share price target 2026
Tata Motors’ share price in 2026 will be a minimum of 715 a maximum will be 836 and a target will be 812.
Tata Motors share price target 2027
The share price of Tata Motors in 2027 will be a minimum of 782 to a maximum of 924 and the target will be 895.
Tata Motors share price target 2028
Tata Motors’ share price in 2028 will be a minimum of 890 and a maximum of 1027 and the target will be 1002.
Tata Motors share price target 2029
Tata Motors’ share price in 2029 will be a minimum of 992 and a maximum of 1310 and the target will be 1285.
Tata Motors share price target 2030
The share price of Tata Motors in 2030 will be a minimum of 1287 and maximum will be 1584 and the target will be 1532.
Tata Motors share price target 2035
Tata Motors’ share price in 2035 will be a minimum of 1805 and maximum will be 2286 and the target will be 2183.
Tata Motors share price target 2040
Tata Motors’ share price in 2040 will be a minimum of 2583 and maximum of 2886 and a target of 2787.
Tata Motors share price target 2045
Tata Motors’ share price in 2045 will be a minimum of 3354 and a maximum of 3985 and the target will be 3802.
Tata Motors share price target 2050
Tata Motors’ share price in 2050 will be a minimum of 4216 and a maximum of 4752 and the target will be 4698.
Conclusion:
The fundamentals of the Tata Motors are strong. Over the year growth of sales, increasing revenue, new innovation in business, decreasing the debt, good promoter holding, smart money investment gives the overall good sign for long term investment. So before investment in can consider all the aspects once. For more details you can comment or email us.
