Overview
Tata Motors Ltd, a giant in the Indian automobile industry, has its roots in 1945. Headquartered in Mumbai, it is India’s largest car manufacturer by revenue. Tata Motors dominates the commercial vehicle market in India with trucks and buses, making them a familiar sight on Indian roads. In a bold move, Tata Motors acquired the iconic British brands Jaguar and Land Rover in 2008, propelling into the luxury car market. The company is also known for the Nano, once the world's cheapest car. Looking ahead, Tata Motors is heavily invested in electric vehicles, aiming to be a leader in sustainable mobility solutions.
Basic Stats
The share price of Tata Motors Limited - Depositary Receipt (Common Stock) as of May 12, 2023 is ARS8,651.00 / share. The market cap (or net worth) of Tata Motors Limited - Depositary Receipt (Common Stock) as of August 29, 2025 is ARS31,847,347.97 MM.
The Factor Analysis chart (below right) shows a view of Tata Motors Limited - Depositary Receipt (Common Stock) from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 31,847,347.97 MM |
| EV | |
| Shares Out. | 3,681.35 MM |
| Earnings Date | |
| EPS (TTM) | 57.70 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.22 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.06 |
| ROE | 0.22 |
| ROIC | 0.10 |
| CROIC | -0.03 |
| OCROIC | 0.30 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 43.12 /100 |
| Profitability | 66.77 /100 |
| Quality Score | 84.47 /100 |
| Value Score | |
| Momentum Score | |
| Stability (Low Vol) Score | |
| Analyst Sentiment | |
| Fund Sentiment | |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 7.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Tata Motors Limited - Depositary Receipt (Common Stock) is ARS539.79. The forecasts range from a low of ARS323.20 to a high of ARS724.50. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
| Record Date | Projection Date | High | Low | Median | Average |
|---|---|---|---|---|---|
| 2025-03-12 | 2026-03-12 | 724.50 | 323.20 | 545.70 | 539.79 |
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Tata Motors Limited - Depositary Receipt (Common Stock). An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2021-09-24 | Edelweiss | Buy | Maintains | |
| 2021-07-30 | Geojit BNP Paribas | Sell | Maintains | |
| 2021-07-27 | ICICI Securities Limited | Buy | Maintains | |
| 2021-07-27 | Motilal Oswal | Buy | Maintains | |
| 2021-07-06 | ICICIdirect.com | Buy | Maintains | |
| 2021-07-06 | Motilal Oswal | Buy | Maintains | |
| 2021-06-15 | Motilal Oswal | Buy | Maintains | |
| 2021-06-06 | Edelweiss | Buy | Maintains | |
| 2021-05-21 | Geojit Financial Services | Buy | Maintains | |
| 2021-05-21 | Geojit BNP Paribas | Buy | Maintains | |
| 2021-05-19 | ICICIdirect.com | Buy | Maintains | |
| 2021-05-19 | ICICI Securities Limited | Buy | Maintains | |
| 2021-05-19 | Motilal Oswal | Buy | Maintains | |
| 2021-05-19 | HDFC Securities | Buy | Maintains | |
| 2021-05-19 | Prabhudas Lilladher | Reduce | Maintains | |
| 2021-04-15 | Motilal Oswal | Buy | Maintains | |
| 2021-03-18 | HDFC Securities | Buy | Maintains | |
| 2021-03-01 | Prabhudas Lilladhar | Sell | Maintains | |
| 2021-02-28 | ICICIdirect.com | Buy | Maintains | |
| 2021-02-27 | Motilal Oswal | Buy | Maintains | |
| 2021-02-23 | ICICIdirect.com | Buy | Maintains | |
| 2021-02-23 | Motilal Oswal | Buy | Maintains | |
| 2021-02-22 | Prabhudas Lilladher | Reduce | Maintains | |
| 2021-02-01 | HDFC Securities | Buy | Maintains | |
| 2021-02-01 | Prabhudas Lilladher | Reduce | Maintains | |
| 2021-01-31 | ICICI Securities Limited | Buy | Maintains | |
| 2020-12-16 | ICICI Securities Limited | Buy | Maintains | |
| 2020-11-11 | HDFC Securities | Buy | Maintains | |
| 2020-11-03 | Geojit Financial Services | Buy | Maintains | |
| 2020-10-28 | Prabhudas Lilladher | Hold | Maintains | |
| 2020-10-28 | ICICI Securities Limited | Buy | Maintains | |
| 2020-10-28 | Motilal Oswal | Buy | Maintains | |
| 2020-10-28 | Axis Direct | Buy | Maintains | |
| 2020-10-05 | Axis Direct | Buy | Maintains | |
| 2020-09-10 | Motilal Oswal | Buy | Maintains | |
| 2020-08-27 | ICICI Securities Limited | Buy | Maintains | |
| 2020-08-07 | Geojit BNP Paribas | Hold | Maintains | |
| 2020-08-06 | SMC online | Results Update | Maintains | |
| 2020-08-03 | ICICI Securities Limited | Hold | Maintains | |
| 2020-08-03 | ICICIdirect.com | Hold | Maintains | |
| 2020-08-01 | Motilal Oswal | Buy | Maintains | |
| 2020-07-11 | Motilal Oswal | Buy | Maintains | |
| 2020-06-22 | HDFC Securities | Accumulate | Maintains | |
| 2020-06-16 | ICICI Securities Limited | Hold | Maintains | |
| 2020-06-16 | Motilal Oswal | Buy | Maintains | |
| 2020-06-16 | Prabhudas Lilladhar | Hold | Maintains | |
| 2020-05-22 | Geojit BNP Paribas | Hold | Maintains | |
| 2020-02-07 | Geojit BNP Paribas | Hold | Maintains | |
| 2020-02-03 | Hem Securities | Buy | Maintains | |
| 2020-02-03 | SMC online | Results Update | Maintains | |
| 2020-01-31 | ICICI Securities Limited | Hold | Maintains | |
| 2020-01-31 | Motilal Oswal | Buy | Maintains | |
| 2020-01-31 | BOB Capital Markets Ltd. | Accumulate | Maintains | |
| 2020-01-27 | UBS | Neutral | Buy | Upgrade |
| 2019-12-10 | Motilal Oswal | Buy | Maintains | |
| 2019-11-05 | Geojit Financial Services | Reduce | Maintains | |
| 2019-10-28 | CLSA | Sell | Buy | Upgrade |
| 2019-10-25 | Prabhudas Lilladher | Hold | Maintains | |
| 2019-10-11 | Motilal Oswal | Neutral | Maintains | |
| 2019-09-11 | Motilal Oswal | Neutral | Maintains | |
| 2019-07-29 | ICICIdirect.com | Hold | Maintains | |
| 2019-06-06 | ICICIdirect.com | Hold | Maintains | |
| 2019-05-28 | Prabhudas Lilladher | Accumulate | Maintains | |
| 2019-05-22 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-05-22 | ICICIdirect.com | Hold | Maintains | |
| 2019-05-22 | Reliance Securities | Reduce | Maintains | |
| 2019-05-21 | Motilal Oswal | Neutral | Maintains | |
| 2019-02-13 | Motilal Oswal | Neutral | Maintains | |
| 2019-02-12 | Phillip Securities | Buy | Maintains | |
| 2019-02-08 | Bank of America | Buy | Neutral | Downgrade |
| 2019-02-08 | Nomura | Buy | Neutral | Downgrade |
| 2019-01-11 | Karvy Stock Broking | Buy | Maintains | |
| 2019-01-11 | Motilal Oswal | Buy | Maintains | |
| 2018-12-10 | Motilal Oswal | Buy | Maintains | |
| 2018-10-31 | Prabhudas Lilladher | Buy | Maintains | |
| 2017-08-11 | Bernstein | Outperform | Market Perform | Downgrade |
| 2017-08-10 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2016-11-21 | Bernstein | Market Perform | Outperform | Upgrade |
| 2016-09-09 | Bernstein | Outperform | Market Perform | Downgrade |
| 2016-02-16 | Goldman Sachs | Sell | Neutral | Upgrade |
| 2016-02-12 | Deutsche Bank | Sell | Hold | Upgrade |
| 2015-11-23 | Goldman Sachs | Neutral | Sell | Downgrade |
| 2015-11-09 | Deutsche Bank | Hold | Sell | Downgrade |
| 2015-11-09 | Karvy Stock Broking | Buy | Hold | Downgrade |
| 2015-11-03 | Bernstein | Market Perform | Outperform | Upgrade |
| 2015-05-06 | Societe Generale | Hold | Buy | Upgrade |
| 2014-09-02 | Jefferies | Hold | Buy | Upgrade |
| 2014-05-21 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2014-02-11 | Nomura | Neutral | Buy | Upgrade |
| 2013-11-11 | HDFC Securities | Neutral | Buy | Upgrade |
| 2013-11-11 | Nomura | Buy | Neutral | Downgrade |
| 2013-11-11 | CLSA | Buy | Outperform | Downgrade |
| 2013-10-03 | Deutsche Bank | Hold | Buy | Upgrade |
| 2013-08-08 | Nomura | Neutral | Buy | Upgrade |
| 2013-04-25 | Deutsche Bank | Sell | Hold | Upgrade |
| 2013-04-17 | Standard Chartered Bank | In-Line | Outperform | Upgrade |
| 2013-04-12 | Oppenheimer | Outperform | Initiate | |
| 2013-04-11 | Oppenheimer | Outperform | Initiate | |
| 2013-01-18 | Deutsche Bank | Hold | Sell | Downgrade |
| 2013-01-08 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2013-01-02 | Bank of America | Neutral | Buy | Upgrade |
| 2012-11-09 | ICICI Securities | Buy | Add | Downgrade |
| 2012-11-08 | Spark Capital | Buy | Add | Downgrade |
| 2012-10-18 | Arihant Capital Markets | Accumulate | Initiate | |
| 2012-08-29 | Spark Capital | Add | Buy | Upgrade |
| 2012-08-10 | Karvy Stock Broking | Buy | Hold | Downgrade |
| 2012-08-10 | IIFL Institutional Equities | Add | Reduce | Downgrade |
| 2012-08-09 | Credit Suisse | Neutral | Underperform | Downgrade |
| 2012-02-17 | Oxen Group | Sell | Initiate |
