Tata Motors shares rise in early trade amid Moody’s upgrades corporate family rating

Moody's upgrades corporate family rating of Tata Motors

Tata Motors shares have risen in early trade on Thursday, August 8, 2024, following Moody’s Investors Service upgrading the company’s corporate family rating by two notches to Ba1 from Ba3. Moody’s Investors Service upgrading Tata Motors’ corporate family rating by two notches to Ba1 from Ba3 signifies an improvement in the company’s creditworthiness and financial Read more: Tata Motors shares rise in early trade amid Moody’s upgrades corporate family rating..

Tata Motors Q1 FY25 reports net profit boosts 74% YoY and exceeded expectations

Tata Motors Q1 FY25 reports net profit boosts 74% YoY

Tata Motors Q1 FY25 results have exceeded expectations, with a net profit of Rs 5,566 crore, a substantial 74% increase compared to the same period last year. This figure surpassed analyst estimates, demonstrating the company’s robust performance in the first quarter. The actual results exceeded analyst expectations, particularly in terms of net profit growth, which Read more: Tata Motors Q1 FY25 reports net profit boosts 74% YoY and exceeded expectations..

Tata Motors-JLR project is expected to move forward in next two months

Tata Motors-JLR project

The Tata Motors-JLR project in Tamil Nadu is expected to move forward within the next two months. The Tata Motors-JLR project refers to the establishment of a new manufacturing plant in Tamil Nadu, India, by Tata Motors, the parent company of Jaguar Land Rover (JLR). The project aims to manufacture JLR vehicles, particularly electric vehicles Read more: Tata Motors-JLR project is expected to move forward in next two months..