In this article, I am going to analyze the fundamentals and technicals of Tata motors. On the bases 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 headquarter is situated in Mumbai Maharashtra.
Business areas of Tata Motors:
Tata motors mainly produce passenger cars, trucks, buses, vans, goods vehicles, coaches, infrastructure utility equipment, etc.
Now Tata motors also produce electric cars and electric buses. Electric vehicle production gives more boost to its business growth.
Subsidiaries of Tata motors:
Tata motors makes 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 cheapest cars.
Tata motors make a Joint venture with Hitachi a construction equipment manufacturing company to manufacture construction equipments.
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 which manufactures and assembles fully built buses and coaches.
In this joint venture Tata motors have 51% shares and Marco polo have 49% shares.
Another joint venture with Stellantis Fiat a Indian based company which produces Fiat and Tata brands passenger cars.
Tata Hitachi Construction Machinery
The joint venture with Hitachi involved in manufacturing construction equipments.
Presently Tata motors also producing Electric vehicles like 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 have its manufacturing units outside India some countries are south Africa, the united kingdom, and Thailand.
Fundamentals of Tata Motors:
lets undesand the fundaments of Tata motors that gives freaf in fromation about streangth and weeknees of the company.
Market CAP: | 1,47,998 Cr. |
No. of shares: | 332.13 Cr |
P/E: | 330.36 |
P?B: | 7.66 |
Book Value: | 59.12 Rs |
Cash resirver: | 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 the Tata motors is sales of its vehicles and Tata motors reported outstanding sales growth of 56.63% which indicate the growth of the company.
The profit growth of the company is 24.23 % over the year which satisfies the investor’s.
The Tata motors dividend yield is zero which dissatisfies its investors.
The promoter holding is good at 46.39% but pledging of 1.82% makes negative impact on Tata motors.
Recently Tata Motors fully owned subsidiary company TML CV Mobility Solutions has signed a agreement with Delhi Transport Corporation for supply of 1500 electric buses which best part of its electric vehicles production growth indication.
Share Holding pattern:
![](https://myfinasophy.com/wp-content/uploads/2023/01/meta-chart-1-1024x683.png)
The promoter holing is more than 40% which good for the company but promoters share pledging makes negative impact on the company which is 1.82%.
DII holding is more than 10% which good for the company.
FII holding also more than 10% which also good for the company.
But the public holding in the company is more than 10% which 20% not good for company rapid growth. More liquid of share less demand for the share. If share liquidity below 10% then it is good for its growth.
Tata motors technical analysis:
Tata motors is now in consolidation phase, it in range between 390 to 500 on monthly chart. On the monthly Chart candles are making bullish flag pattern when the range breaks upside then next target will be 610.
As of now on monthly chart major support for Tata motors is 370 to 345 and major resistance is 500 to 534.
Technical indicators on 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 share price in 2023 will be minimum 367 and maximum 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 minimum 500 maximum 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 minimum 587 to maximum 723 and the target will be 717 in 2025.
The government of India is encouraging the electrical vehicles for pollution free India. This vision boost the manufacturing of electronic vehicles manufacturing sector and Tata motor is the one of them.
Tata motors share price target 2026
Tata motors share price in 2026 will be minimum 715 and maximum will be 836 and target will be 812.
Tata motors share price target 2027
Share price of Tata motors in 2027 will be minimum 782 to maximum 924 and the target will be 895.
Tata motors share price target 2028
Tata motors share price in 2028 will be minimum 890 and maximum 1027 and the target will be 1002.
Tata motors share price target 2029
Tata motors share price in 2029 will be minimum 992 and maximum 1310 and the target will be 1285.
Tata motors share price target 2030
Share price of Tata motors in 2030 will be minimum 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 minimum 1805 and maximum will be 2286 and the target will be 2183.
Tata motors share price target 2040
Tate motors share price in 2040 will be minimum 2583 and maximum will be 2886 and the target will be 2787.
Tata motors share price target 2045
Tate motors share price in 2045 will be minimum 3354 and maximum will be 3985 and the target will be 3802.
Tata motors share price target 2050
Tate motors share price in 2050 will be minimum 4216 and maximum will be 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.