Tata Motors Share Price Analysis: Exploring Q4 FY24 Results and Market Performance!

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Tata Motors Share Price: A Closer Look at Q4 FY24 Results and Share Price Analysis

Embark on an enlightening journey through this meticulously researched article focusing on Tata Motors, where we delve into the company’s recent performance, dissect share price trends, and offer valuable investment cautionary insights for potential investors.

1. Tata Motors Q4 FY24 Results Overview

Tata Motors recently released its consolidated Q4 FY24 results, showcasing robust performance across its automotive businesses. Here are the key highlights:

Revenue: ₹120.0K Cr (up 13.3%)
EBITDA: ₹17.9K Cr (up 26.6%)
EBIT: ₹11.0K Cr (up ₹3.8K Cr)
Profit Before Tax (bei): ₹9.5K Cr (up ₹4.4K Cr)
Net Profit: ₹17.5K Cr (up ₹12.0K Cr)

Notably, all three auto businesses—Jaguar Land Rover (JLR), Tata Commercial Vehicles, and Tata Passenger Vehicles—contributed to this strong performance. JLR’s revenue increased by 10.7%, while Tata Commercial Vehicles and Tata Passenger Vehicles also showed positive growth.

2. Five-Year Tata Motors Share Price Analysis

Let’s examine Tata Motors share price trends over the past five years:

2024 Tata Motors Share Price Target

Current Price (as of May 10, 2024): ₹1047.25
Target 1 (2024): ₹1150.92 (up 9.89%)
Target 2 (2024): ₹1169.27 (up 11.65%)
Target 3 (2024): ₹1191.49 (up 13.77%)

The Tata Motors Share Price has already surged by ₹267.30 (34.27%) from January 1, 2024, to May 10, 2024. However, it faces resistance at its 52-week high of ₹1065.59. Investors should be cautious and consider potential stop-loss levels.

2025 Tata Motors Share Price Target

Target 1 (2025): ₹1495.12 (up 42.76%)
Target 2 (2025): ₹1510.07 (up 44.93%)
Target 3 (2025): ₹1538.76 (up 46.93%)

The long-term outlook remains positive, but investors should closely monitor market dynamics and company developments.

3. Tata Motors Share Price –Investment Caution

While Tata Motors shows promise, here are some cautionary points for investors:

Domestic Demand: The company remains cautiously optimistic about domestic demand in FY25, especially in the first half. Keep an eye on market trends and economic indicators.
Premium Luxury Segment: Despite concerns, the premium luxury segment is expected to remain resilient. However, external factors can impact overall demand.
Debt Reduction: Tata Motors aims to become net automotive debt-free by FY25. Monitor their progress in reducing debt.

Remember that investing involves risks, and thorough research is essential. Consult a financial advisor before making any investment decisions.

In conclusion, Tata Motors’ strong performance and strategic initiatives position it well for the future. However, prudent investors should exercise due diligence and consider their risk tolerance before buying Tata Motors shares. 🚗💼📈

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