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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 CET

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; [email protected]

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Financials ( INR)
Sales 2018 2 933 B
EBIT 2018 144 B
Net income 2018 101 B
Debt 2018 354 B
Yield 2018 0,28%
P/E ratio 2018 13,79
P/E ratio 2019 8,98
EV / Sales 2018 0,56x
EV / Sales 2019 0,47x
Capitalization 1 275 B
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Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 494  INR
Spread / Average Target 23%
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Managers
NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Natarajan Chandrasekaran Chairman
Satish Balkrishna Borwankar Chief Operating Officer & Executive Director
P. B. Balaji Chief Financial Officer
Nasser Mukhtar Munjee Independent Non-Executive Director
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