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

TATA MOTORS LIMITED (TATAMOTORS)

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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; anirban.chowdhury@dowjones.com

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Financials ( INR)
Sales 2017 2 823 017 M
EBIT 2017 144 818 M
Net income 2017 89 337 M
Debt 2017 282 362 M
Yield 2017 0,24%
P/E ratio 2017 15,86
P/E ratio 2018 10,12
EV / Sales 2017 0,62x
EV / Sales 2018 0,56x
Capitalization 1 477 829 M
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Mean consensus OUTPERFORM
Number of Analysts 44
Average target price 539  INR
Spread / Average Target 17%
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NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Chandrasekaran Ramakrishnan President & Group Chief Financial Officer
Natarajan Chandrasekaran Chairman
Suresh Rangarajan Head-Corporate & Global operations
Belwal C. Jagdish Chief Information Officer
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