Leading Indian Automaker’s Brand Tops 1 Lakh in FY24, Shares Jump

Can You Guess About This Leading Indian Automaker’s Brand?

Tata Motors’ JLR wholesale sales crossed 1 lakh units (1,01,043 cars) for the first time in 11 quarters.

[{"selector":"#anim-a6a47533-8495-4329-b7e8-b13c621094b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0053f8ed-3cf8-4c08-a698-d580634f5776","keyframes":{"transform":["translate3d(0px, -301.31428%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

This was an increase of 29% from the previous quarter.

[{"selector":"#anim-445fca1f-5de4-4d8a-af35-0cb0b562fd37","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c846e630-e8c9-4504-8afa-91d2234adc0f","keyframes":{"transform":["translate3d(0px, 838.80336%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

The strong sales were driven by demand for Range Rover, Range Rover Sport, and Defender models.

[{"selector":"#anim-3cdeca96-e2c7-41e2-ad8b-88df184ac531","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60cd8e15-5adf-47f6-8ca3-ea283ba8ac9f","keyframes":{"transform":["translate3d(0px, 443.27015%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

Analysts at Morgan Stanley, JP Morgan, Jefferies and Macquarie have all maintained positive ratings on Tata Motors stock.

[{"selector":"#anim-f5ec9b18-a1e4-4f06-8544-d748a2ca9586","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-307dd4cd-7111-416a-ae66-9f85373ff1e8","keyframes":{"transform":["translate3d(0px, 443.27015%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

Disclaimer: The information provided on this website is for general informational purposes only and should not be construed as financial advice, investment recommendations, or guarantees of any kind.