May auto sales review: Domestic 2W demand up; CVs disappoint

The domestic 2-wheeler retail industry experienced a strong 10% year-on-year increase in volumes, led by the pre-buy of electric 2-wheelers ahead of the reduction in FAME II incentives starting June 1, 2023, and the ongoing wedding season.

13 out of 15 Nifty Auto companies delivered growth in net profit in March quarter; details here

Tata Motors achieved record revenue, posting a net profit of ₹5,408 crore in Q4. Maruti Suzuki's consolidated net profit jumped by 42% YoY, while Mahindra &amp; Mahindra reported an 18% increase in profit.

Moody's upgrades outlook on Tata Motors to positive

<ul><li>Moody's has also affirmed the company's B1 corporate family rating (CFR) and its B1 senior unsecured ratings.</li></ul>

Tata Motors: Why UBS says it's a ‘sell’ when other brokerages remain bullish

As per the brokerage, Tata Motors' negatives are overlooked and the positives are largely priced in. UBS has resumed coverage on Tata Motors with a 'sell' call from 'neutral' earlier, however, it has raised the auto major's target price to ₹450 from ₹320 earlier.

Tata Motors shifts into top gear with robust Q4 performance; brokerages retain 'buy' rating

For the fiscal year that ended on March 31, 2023, the company posted a consolidated net profit of ₹2,414 crore, marking a significant turnaround after four consecutive years of losses that began in FY 2019.

Tata Motors shares climb nearly 3%; hit 52-week high in intra-day trade after Q4 earnings

<ul><li>The stock gained 2.94 per cent to settle at ₹530.80 on the BSE. During the day, it climbed 4.16 per cent to its 52-week high of ₹537.15.</li></ul>

April Auto Sales: PVs see solid growth while 2Ws, CVs fall; which stocks should you buy now?

The month of April was a mixed bag for the auto companies. While growth momentum in passenger vehicles (PVs) continued, commercial vehicles (CVs) saw a sharp fall. On a YoY basis, 2-wheelers (2Ws) have also shown weak performance.

S&amp;P Global Ratings raises long-term credit ratings on Tata Motors to 'BB' from 'BB-'

<ul><li>As per S&amp;P ratings, a BB grade is less vulnerable in the near-term but faces major ongoing uncertainties to adverse business, financial and economic conditions.</li></ul>

S&P Global Ratings raises long-term credit ratings on Tata Motors to 'BB' from 'BB-'

FPIs infuse ₹8,643 crore in Indian equities in April so far: Report

FPIs heavily bought financial stocks for ₹4,410 crore during the fortnight that ended April 15. Besides, they were also buyers of automobiles and capital goods. In addition, IT stocks too saw buying interest, although marginally.

Over 50% upside in 30 months, Ventura says Tata Motors recharged with a new game plan

The brokerage has a buy call on the stock with a target price of ₹715, indicating an upside potential of 53.5 percent from the current market price of ₹465 (as on April 13, 2023).

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May auto sales review: Domestic 2W demand up; CVs disappoint

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