Why is Tata Motors in loss?

Is Tata Motors running in loss?

Auto major Tata Motors Ltd reported a consolidated net loss of ₹4,441 crore for the second quarter ending September (Q2FY22). The company had posted a net loss of ₹314 crore in the year-ago period (Q2FY21) and ₹4,451 crore in the previous June quarter (Q1FY22) respectively.

Does Tata Motors have a future?

Tata Motors will invest as much as $2 billion over the next four years to launch 10 new electric vehicles just as its broader passenger vehicles division hopes to turn around and generate free cash flow by 2022-23, a top official has said.

Is Tata Motors in debt?

What Is Tata Motors’s Debt? The image below, which you can click on for greater detail, shows that at March 2021 Tata Motors had debt of ₹1.46t, up from ₹1.06t in one year. However, it does have ₹659.2b in cash offsetting this, leading to net debt of about ₹798.3b.

Who is owner of Tata Group?

Can Tata Motors be a multibagger?

The year 2021 has delivered a huge number of multibagger stocks. Shares of Tata Motors Limited have more than doubled investors’ money so far in 2021. … This multibagger stock has surged from the Rs 184-mark to touch Rs 380.55.

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Who is CEO of Tata Motors?

What is the target of Tata Motors?

with a target price of Rs 555. The current market price of Tata Motors Ltd. is Rs 518.8.

Does TCS have debt?

Based on the latest financial disclosure, TATA CONSULTANCY SERVICES has a Total Debt of 78.82 B. … TATA CONSULTANCY totals roughly 78.82 Billion in total debt claiming about 50% of equities under Information Technology Services industry.

Can Tata Motors be debt free?

Tata Motors reaffirms plan to turn debt-free by FY24 despite negative impact of Covid. Tata Motors Ltd, the country’s largest automaker by revenue, will stick to its plan to turn debt-free by FY24 despite its businesses being adversely impacted by the pandemic, chairman Natarajan Chandrasekaran said on Friday.

Is Tata Steel debt free?

as the metal maker aims at making these two companies’ debt free in the next two quarters. While Tata Steel BSL has around ₹4,000 crore outstanding net external debt, Usha Martin has about ₹700 crore outstanding net debt. Tata Steel BSL is in the NCLT for the merger with the parent.