Tata Motors Overtakes Maruti as India’s Most Valuable Auto Firm, Ending 7-Year Streak

Tata Motors marked a notable recovery by achieving four consecutive profitable quarters in November, reversing a streak of losses that began at the start of 2021. The company’s combined market capitalization reached 3.146 lakh crore, surpassing Maruti Suzuki’s Rs 3.13 lakh crore.

Tata Motors Regains Title as India’s Most Valuable Automaker, Surpassing Maruti Suzuki; Shares Surge 5%, Valuation Reaches Nearly $38 Billion.

Tata Motors posted profits for the fourth consecutive quarter in November, marking a turnaround from losses since the beginning of 2021. The company’s combined market capitalization stood at 3.146 lakh crore, surpassing Maruti Suzuki’s 3.13 lakh crore.

Tata Motors has demonstrated exceptional stock market performance, registering a gain of over 90% in the last 12 months. This significant growth surpasses the broader market, with the main S&P BSE Sensex Index showing a 21% increase over the same period.

Tata Motors has benefited from the growing consumer preference for SUVs over smaller hatchbacks, allowing the company to gain market share in the passenger vehicles segment. The diverse range of SUV options offered by Tata Motors aligns with this trend, contributing to its success in meeting the evolving preferences of consumers.

Tata Motors has taken the lead in the electric vehicle (EV) market in India, selling the highest number of electric cars in the country. In contrast, Maruti Suzuki, as of the report, has not initiated production of electric cars.

nalysts attribute Tata Motors’ success in this regard to its ability to adapt to changing consumer behavior and capitalize on the growing demand for electric vehicles.

Brokerage firms, including Morgan Stanley and Motilal Oswal, have provided positive ratings for Tata Motors’ stock. They highlight the strong sales mix, with vehicles like Range Rover, Range Rover Sport, and Defender constituting 62 percent of the wholesale.

Tata Motors has exhibited a remarkable performance in the stock market, experiencing a gain of over 90% in the past 12 months. This outstanding growth surpasses the broader market, with the main S&P BSE Sensex Index recording a 21% increase during the same period.

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