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

TATA MOTORS (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 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; [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
DRB-HICOM BERHAD --End-of-day quote.
TATA MOTORS 1.41% 293.95 End-of-day quote.-32.78%
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Financials ( INR)
Sales 2019 3 280 B
EBIT 2019 166 B
Net income 2019 111 B
Debt 2019 354 B
Yield 2019 0,39%
P/E ratio 2019 8,57
P/E ratio 2020 7,00
EV / Sales 2019 0,39x
EV / Sales 2020 0,36x
Capitalization 919 B
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Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 425  INR
Spread / Average Target 47%
EPS Revisions
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
Rajendra Petkar Chief Technology Officer
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