Tata Motors: Can Its Plan to Double PV Volumes and Reach 20% Market Share Drive Growth?
India, June 24 -- The shares of this large cap company majorly engaged in manufacturing, distributing and servicing of passenger vehicles were in focus after the company plans to double its volume and reach market share of 20 percent by FY31
With the market capitalization of Rs. 1,28,706 Crores, the shares of Tata Motors Passenger Vehicles Ltd were trading at around Rs. 350 per share which is 21 percent discount from its 52 week high of Rs. 447 per share and is trading at a P/E of 1.51 whereas industry P/E stands at 29.1
Business Direction and Long-Term Vision
Tata Motors Passenger Vehicles business is entering a clear expansion phase with a strong focus on volume growth, market share gains and improved profitability. The company is ai...
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