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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 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]

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Financials ( INR)
Sales 2017 2 795 117 M
EBIT 2017 129 035 M
Net income 2017 80 120 M
Debt 2017 282 478 M
Yield 2017 0,22%
P/E ratio 2017 19,39
P/E ratio 2018 11,31
EV / Sales 2017 0,61x
EV / Sales 2018 0,56x
Capitalization 1 433 126 M
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Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 532  INR
Spread / Average Target 18%
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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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