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    500570   INE155A01022

TATA MOTORS LIMITED

(500570)
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End-of-day quote Bombay Stock Exchange  -  2022-07-03
408.35 INR   -1.05%
10:44aAsian ADRs Fall Sharply in Tuesday Trading
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07:22aTata Motors Ltd Reportedly Aiming 50,000 EV Sales This Fiscal Year
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01:27aTata Motors Eyes Sales of 50,000 Electric Vehicles in FY23
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India's Tata Motors says investigating EV fire incident

06/23/2022 | 04:04am EDT
FILE PHOTO: Tata Motors' electric sport-utility vehicle (SUV) Nexon EV is displayed during its launch in Mumbai

BENGALURU (Reuters) - Indian carmaker Tata Motors said on Thursday it was investigating an "isolated thermal incident", after a video on social media showed the company's electric car engulfed in flames.

The video, which has gone viral, showed firefighters trying to put out the fire in Tata Motor's Nexon EV car in the city of Mumbai. Reuters was not able to independently verify the video.

"A detailed investigation is currently being conducted to ascertain the facts of the recent isolated thermal incident that is doing the rounds on social media. We will share a detailed response after our complete investigation," Tata Motors said in a statement.

The incident follows a spate of e-scooter fires in the country that has triggered an uproar as well as an investigation by the Indian government.

(Reporting by Chris Thomas in Bengaluru; Editing by Anil D'Silva)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
NEXON CO., LTD. -0.28% 2835 Delayed Quote.27.83%
TATA MOTORS LIMITED -1.05% 408.35 End-of-day quote.-15.34%
All news about TATA MOTORS LIMITED
10:44aAsian ADRs Fall Sharply in Tuesday Trading
MT
07:22aTata Motors Ltd Reportedly Aiming 50,000 EV Sales This Fiscal Year
MT
01:27aTata Motors Eyes Sales of 50,000 Electric Vehicles in FY23
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07/04Tata Motors registered total sales of 2,31,248 units in Q1 FY23, Grows by 101% over Q1 ..
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07/04Tata Motors aims to sell 50,000 EVs in this fiscal yr
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07/01TATA MOTORS : registered total sales of 2,31,248 units in Q1 FY23 - Form 6-K
PU
07/01Tata Motors Limited Reports Sales for the Quarter One of Fiscal Year 2023
CI
07/01Asian ADRs Move Sharply Lower in Friday Trading
MT
07/01TATA MOTORS : registered total sales of 2,31,248 units in Q1 FY23, Grows by 101% over Q1 F..
PU
07/01Tata Motors Ltd Reports 101% Rise in Total Sales for Fiscal Q1 2023
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Financials
Sales 2022 2 785 B 35 287 M 35 287 M
Net income 2022 -81 758 M -1 036 M -1 036 M
Net Debt 2022 788 B 9 979 M 9 979 M
P/E ratio 2022 -18,7x
Yield 2022 -
Capitalization 1 469 B 18 612 M 18 612 M
EV / Sales 2022 0,81x
EV / Sales 2023 0,68x
Nbr of Employees 73 608
Free-Float 58,1%
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Technical analysis trends TATA MOTORS LIMITED
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Mean consensus BUY
Number of Analysts 29
Last Close Price 408,35 INR
Average target price 526,41 INR
Spread / Average Target 28,9%
EPS Revisions
Managers and Directors
Thomas Flack Co-President & Chief Purchasing Officer
Rajendra Petkar Co-President & Chief Technology Officer
Ravindra Kumar G.P Co-President & Chief Human Resources Officer
Pathamadai B. Balaji Group Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
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