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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Tata Motors Limited    TATAMOTORS   INE155A01022

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Tata Motors Signs Pact With DRB-Hicom Unit To Sell Trucks To Malaysian Armed Forces

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04/23/2012 | 12:18pm CEST

Tata Motors Ltd. (500570.BY) Monday it has signed an agreement with a DRB-Hicom Bhd. (1619.KU) unit to market and sell light trucks to Malaysia's armed forces.

India's biggest auto maker by sales said the Malaysian company will initially market and sell Tata's 2.5 ton-5 ton trucks, including the LPTA 715 and the LPTA 1623. It didn't give any other details.

So far, Tata Motors has supplied more than 100,000 vehicles to the Indian military. It has also supplied to international organisations such as the U.S. General Services Administration and Oxfam, the company said.

--By Anirban Chowdhury, Dow Jones Newswires; 91-22-61456108; anirban.chowdhury@dowjones.com

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Financials ( INR)
Sales 2018 2 951 692 M
EBIT 2018 151 238 M
Net income 2018 97 859 M
Debt 2018 398 029 M
Yield 2018 0,42%
P/E ratio 2018 12,76
P/E ratio 2019 8,61
EV / Sales 2018 0,54x
EV / Sales 2019 0,45x
Capitalization 1 192 618 M
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Mean consensus OUTPERFORM
Number of Analysts 41
Average target price 489  INR
Spread / Average Target 31%
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Managers
NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Chandrasekaran Ramakrishnan President & Group Chief Financial Officer
Natarajan Chandrasekaran Chairman
Satish Balkrishna Borwankar Chief Operating Officer & Executive Director
Nasser Mukhtar Munjee Independent Non-Executive Director
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