“,”elements”:[]}],”thumb_big”:”https://etimg.etb2bimg.com/thumb/msid-116876576,imgsize-80296,width-1200,height=765,overlay-etauto/industry/tata-motors-shares-jump-2-on-december-sales-numbers.jpg”,”thumb_small”:”https://etimg.etb2bimg.com/thumb/img-size-80296/116876576.cms?width=150&height=112″,”time”:”2025-01-02 12:29:37″,”is_live”:false,”prime_id”:0,”highlights”:[],”highlights_html”:””,”also_read_available”:false,”body”:”
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at INR 749.25 on the NSE, up by INR 8.55 or 1.15%.“>
Shares of Tata Motors jumped 2% to their day’s high of INR 765 on the BSE on Thursday as the company reported a 1% year-on-year growth in its December 2024 sales numbers at 76,599 units versus 76,138 units in the year-ago period.
Meanwhile, Tata Motors domestic and international sales for Q3FY25 stood at 2,35,599 vehicles, compared to 2,34,981 units during Q3FY24. It was up by 0.26% on a YoY basis.
Total commercial vehicles (CV) sales stood at 95,770 units, which was down 1% YoY while the total PV sales was reported at 1,39,829 units, up 1% YoY.
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at INR 749.25 on the NSE, up by INR 8.55 or 1.15%.
Tata Motors shares have fallen from their 52 week peak of INR 1,179 to INR 749.85, witnessing a 36% decline. Over a 1-year period, its share price has declined by 5% versus 9% uptick in Nifty.
The recent correction has also seen the Tata Motors stock fall below its 50-day and 200-day simple moving averages (SMAs) of INR 798 and INR 949, respectively.
The correction has come with high volatility as its 1-year beta stands at 1.1 according to Trendlyne data.
Tata Motors fell short of market expectations, with a 62.4% YoY fall in standalone net profit to INR 477 crore from INR 1,270 crore in the second quarter of the financial year ending September, compared to the same period in the previous year. The revenue from operations also dropped by 16.3% YoY to Rs 15,518 crore from INR 18,542 crore in the period under review.
The fall in the revenue of passenger vehicles was due to slow consumer demand and seasonal factors, the company said in the earnings release. It said the Jaguar Land Rover’s revenue was impacted by temporary aluminum supply constraints. Commercial vehicles sales were affected by slowdown in infrastructure project execution, a reduction in mining activity and an overall drop in fleet utilisation due to heavy rains, it said.
“,”next_sibling”:[{“msid”:116874400,”title”:”5 minutes to charge an EV? That’s where China is winning the race against mighty U.S and Tesla”,”entity_type”:”ARTICLE”,”link”:”/news/industry/5-minutes-to-charge-an-ev-thats-where-china-is-winning-the-race-against-mighty-u-s-and-tesla/116874400″,”link_next_mobile”:”/news/industry/5-minutes-to-charge-an-ev-thats-where-china-is-winning-the-race-against-mighty-u-s-and-tesla/116874400?next=1″,”category_name”:null,”category_name_seo”:”industry”}],”related_content”:[{“msid”:”116868603″,”title”:”Tata Motors shares in focus on December sales numbers”,”entity_type”:”IMAGES”,”seopath”:”markets/stocks/news/tata-motors-shares-in-focus-on-december-sales-numbers”,”category_name”:”Tata Motors shares jump 2% on December sales numbers”,”synopsis”:”Shares of Tata Motors are expected to stay in focus as the company reported a 1% year-on-year growth in December 2024 sales at 76,599 units.”,”thumb”:”https://etimg.etb2bimg.com/thumb/img-size-80296/116868603.cms?width=150&height=112″,”link”:”https://etimg.etb2bimg.com/photo/116868603.cms?/116868603″}],”seoschemas”:false,”social_share”:{“fb”:”/news/industry/tata-motors-shares-jump-2-on-december-sales-numbers/116876576?utm_source=facebook&utm_medium={{DEVICE_TYPE}}”,”x”:”/news/industry/tata-motors-shares-jump-2-on-december-sales-numbers/116876576?utm_source=twitter&utm_medium={{DEVICE_TYPE}}”,”whatsapp”:”/news/industry/tata-motors-shares-jump-2-on-december-sales-numbers/116876576?utm_source=wapp&utm_medium={{DEVICE_TYPE}}”,”linkdin”:”/news/industry/tata-motors-shares-jump-2-on-december-sales-numbers/116876576?utm_source=linkedin&utm_medium={{DEVICE_TYPE}}”,”telegram”:”/news/industry/tata-motors-shares-jump-2-on-december-sales-numbers/116876576?utm_source=telegram&utm_medium={{DEVICE_TYPE}}”,”copy”:”/news/industry/tata-motors-shares-jump-2-on-december-sales-numbers/116876576?utm_source=copy&utm_medium={{DEVICE_TYPE}}”},”cat_msid”:25384693,”cat_sub_msid”:false,”msid”:116876576,”entity_type”:”ARTICLE”,”title”:”Tata Motors shares jump 2% on December sales numbers”,”synopsis”:”Tata Motors reports a 1% year-on-year growth in December 2024 sales to 76,599 units. However, its shares have seen a decline, falling from their 52-week peak by 36%. Higher volatility is noted, with the stock dropping below key moving averages. Despite the sales increase, revenue and net profit have fallen significantly.”,”titleseo”:”industry/tata-motors-shares-jump-2-on-december-sales-numbers”,”status”:”ACTIVE”,”authors”:[],”Alttitle”:{“minfo”:””},”artag”:”ETMarkets.com”,”artdate”:”2025-01-02 12:29:37″,”lastupd”:”2025-01-02 12:32:19″,”breadcrumbTags”:[“tata motors share price”,”tata motors”,”tata motors share price today”,”tata motors stock price”,”tata motors share”,”Tata Motors December 2024 sales”,”Tata Motors shares”,”Tata Motors Q3FY25 results”,”automobile sales growth”,”commercial vehicle sales decline”,”Jaguar Land Rover revenue impact”],”secinfo”:{“seolocation”:”industry/tata-motors-shares-jump-2-on-december-sales-numbers”}}” data-authors=”[” data-author-list data-category-name=”Industry” data-category_id=”23″ data-cat_msid=”25384693″ data-date=”2025-01-02″ data-index=”article_1″ data-keywords=”tata motors share price, tata motors, tata motors share price today, tata motors stock price, tata motors share, Tata Motors December 2024 sales, Tata Motors shares, Tata Motors Q3FY25 results, automobile sales growth, commercial vehicle sales decline, Jaguar Land Rover revenue impact” data-type=”news”>
Tata Motors reports a 1% year-on-year growth in December 2024 sales to 76,599 units. However, its shares have seen a decline, falling from their 52-week peak by 36%. Higher volatility is noted, with the stock dropping below key moving averages. Despite the sales increase, revenue and net profit have fallen significantly.
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at INR 749.25 on the NSE, up by INR 8.55 or 1.15%.“>
Shares of Tata Motors jumped 2% to their day’s high of INR 765 on the BSE on Thursday as the company reported a 1% year-on-year growth in its December 2024 sales numbers at 76,599 units versus 76,138 units in the year-ago period.Meanwhile, Tata Motors domestic and international sales for Q3FY25 stood at 2,35,599 vehicles, compared to 2,34,981 units during Q3FY24. It was up by 0.26% on a YoY basis.
Total commercial vehicles (CV) sales stood at 95,770 units, which was down 1% YoY while the total PV sales was reported at 1,39,829 units, up 1% YoY.
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at INR 749.25 on the NSE, up by INR 8.55 or 1.15%.Tata Motors shares have fallen from their 52 week peak of INR 1,179 to INR 749.85, witnessing a 36% decline. Over a 1-year period, its share price has declined by 5% versus 9% uptick in Nifty.
The recent correction has also seen the Tata Motors stock fall below its 50-day and 200-day simple moving averages (SMAs) of INR 798 and INR 949, respectively.
The correction has come with high volatility as its 1-year beta stands at 1.1 according to Trendlyne data. Tata Motors fell short of market expectations, with a 62.4% YoY fall in standalone net profit to INR 477 crore from INR 1,270 crore in the second quarter of the financial year ending September, compared to the same period in the previous year. The revenue from operations also dropped by 16.3% YoY to Rs 15,518 crore from INR 18,542 crore in the period under review.The fall in the revenue of passenger vehicles was due to slow consumer demand and seasonal factors, the company said in the earnings release. It said the Jaguar Land Rover’s revenue was impacted by temporary aluminum supply constraints. Commercial vehicles sales were affected by slowdown in infrastructure project execution, a reduction in mining activity and an overall drop in fleet utilisation due to heavy rains, it said.
Join the community of 2M+ industry professionals
Subscribe to our newsletter to get latest insights & analysis.
