Tata Motors Share Price Target 2024 is a global automotive company based in Mumbai, India. It is the parent company of JLR (Jaguar Land Rover) and Daewoo (Tata Daewoo). The company was established in 1945 as an engine manufacturer and started producing commercial vehicles in 1954. In 1991, it decided to enter the passenger car segment in India and gradually built up its passenger car portfolio with products like the Sierra, the Estate, the Tata Sumo and the Indica.
The company went on a buying spree in the 2000s and acquired companies like Daewoo and Marcopolo. Currently, Tata Motors has automobile manufacturing and vehicle manufacturing facilities in India, as well as in other parts of the world like Argentina and South Africa, and in the UK and Thailand. The Tata Motors Share Price 2024 has been on the rise for a long time and has been steadily increasing its dividend yield (2.0) since 2013. Currently, the stock of Tata Motors is trading around Rs 811 on the NSE.
Tata Motors Share Price 2024 planning to increase the average price of its passenger vehicle models, including electric vehicles, by 0.7% as of February 1st, 2024. In April this year, the company will begin production of EVs at its Sanand Plant, which was acquired from Ford India for Rs.725.7 crore. The company's new 500 km range electric vehicles, the TATA Harrier, will be released in 2024 and will be powered by a dedicated Gen II Electric Platform.
Tata Motors Share Price Target (2024)
Month (2024)Maximum Target Minimum Target January Rs 859Rs 716 February Rs 982Rs 714 March Rs 940Rs 776 AprilRs 1056Rs 870 May Rs 1052Rs 896 June Rs 1084Rs 924 July Rs 1098Rs 936 August Rs 1187Rs 1011 September Rs 1321Rs 1099 October Rs 1459Rs 1223 November Rs 1678Rs 1351 December Rs 1684Rs 1434
Tata Motors Share Price Target (2025)
Month (2025)Maximum Target MinimumTarget January Rs 1703Rs 1451 February Rs 1959Rs 1577 March Rs 2015Rs 1717 AprilRs 2096Rs 1786 May Rs 2183Rs 1859 June Rs 2021Rs 1611 July Rs 1842Rs 1570 August Rs 2119Rs 1706 September Rs 1967Rs 1675 October Rs 1998Rs 1702 November Rs 1982Rs 1688 December Rs 1926Rs 1640
Tata Motors Share Price Target (2026 to 2030)
Year Maximum target Minimum Target2026 Rs 2292Rs 1612 2027 Rs 2590Rs 1980 2028 Rs 2819Rs 2350 2029 Rs 3192Rs 2584 2030 Rs 3990Rs 2896
TATAMOTORS Financials 2023 Revenue 3.46 Trillion INR⬆ 24.25% YOY Operating expense1 .29 Billion INR⬆ 15.82% YOY Net Income 24.14 Billion INR⬆ 121.10% YOY Net Profit Margin 0.70 ⬇ 117.03% YOY Earnings Per Share 3.10⬇ 110.98% EBITDA 217.59 Billion INR⬆ 64.01% Effective Tax Rate 20.74%
- Total Assets 3.36 Trillion INR⬆ 1.65% YOY Total Liabilities 2.81 Trillion INR⬆ 0.16% YOY Total Equity 551.00 Billion INR Return on assets1.85% Return on Capital 3.16% P/E Ratio 17.09 Dividend Yield 0.25%
Tata Motors Competitors
- Maruti Suzuki
- Hyundai
- Mahindra & Mahindra
- Ashok Leyland
- Force Motors
- NIO
- Xpeng
TATA Motors' Fleet Edge platform has connected 5.5 lakh commercial vehicles to improve their uptime with smart digital technology. The company has recently launched India's first automatic CNG car, the Tata Tigor. The company's electric vehicle segment is a game-changer in its segment, with a 72% market share in India for passenger EV cars in the first six months of 2023. By the end of June, 2023, Tata Motors had sold 3,400 electric cars.
Tata Motors Share Price Target 2025 commercial Vehicle Segment accounts for 20.05% of the company's consolidated revenue. The company also holds a 41.7% market share in India's commercial vehicle sales in the year 2023.
Tata Motors is facing stiff competition from other leading players in Indian Automobile Market, including Maruti Suzuki, Mahindra & Mahindra, Hyundai, and new entrants like NEO & Xpeng in the electric vehicle segment.
If and when geopolitical tensions arise in any of the 125+ countries in which the company operates, it could be a cause for concern for an 'Tata Motors' investor.
Based on the company's share price history, it can be concluded that the Tata Motors Share Price Target 2025 has been trending upwards year-on-year since October 2023, with an increase of Rs. 823 from Rs. 613. In the last 5 years, the NSE share price of 'Tata Motors` increased by Rs. 368.48%.
