Friday, 4 March 2016

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Tata Motors expects CV sales to grow 25% this fiscal

Tata Motors is hopeful of closing this financial year with a 25 percent growth in commercial vehicle sales and continuing the run next year as well on replacement demand to meet new emission norms and a pick-up in the economy.

The company expects to close the hybrid bus order from BMC "any day now", having already signed an agreement with the authorities.

Tata Motors (D) stock price: On March 04, 2016, at 10:03 hrs Tata Motors (DVR) was quoting at Rs 249.85, up Rs 3.00, or 1.22 percent. The 52-week high of the share was Rs 371.14 and the 52-week low was Rs 201.00.  

The company's trailing 12-month (TTM) EPS was at Rs per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 0. The latest book value of the company is Rs per share. At current value, the price-to-book value of the company is 0.00.

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