Tata Motors projection of Q1 result of FY2025
Tata Motors result is set to be published on 1st August 2024. This Article delve deep into the stock price movement based on analysis of the performance of previous quarter.
Tata Motor will publish Q1 result of FY2025. In the previous quarter it has shown marvelous result with jump of 222 percent in the profit to ₹17,407.2 crore as compare to 5,400 crore in the corresponding period last year. On the analysis of the previous result it was found out by the experts that the following quarter growth will be moderate as it will be having a high base effect. Further Tata motor document highlighted other factors like elections and heat wave may keep the growth rate at moderate levels. This moderation in the growth was accepted well by the Dalal Street and stock fell by 8% on the next trading day.
However the history may not repeat itself as the JLR(Jaguar and Land Rover) component of the revenue is expected to increase coupled with the increase in the price of the passenger cars. Thus the price of the stock is expected as under value. It can be seen with the low PE ratio of the Stock. However before the result the Stock has shown the rally of more than 15% in the previous 5 season. This shows the increase in the investor preference in the share.
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