Multiple headwinds ahead

Company
02 Aug 2024
5 Min read 
  • TATA Motors had strong 1QFY25 performance with margin expansion.
  •  Challenges include JLR supplier constraint and demand moderation in India.
  •  EPS estimates raised by 3%/4% for FY25/FY26.
  •  Stock trades at 19.1x/16.4x FY25E/FY26E consol EPS and 7x/5.7x EV/EBITDA.
  •  Neutral rating with Jun26E SOTP-based TP of INR 1,025.
  •  Data covers financial and valuation details, presented in a tabular format.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority

Click here to see your activities