Tata Motors (CMP=Rs 328.60) posted 2.7% growth in sales to 49,647 units in September 2008 over September 2007.
The stock hit low of Rs 326 so far during the day, which is 52-week low for the counter. The stock has a 52-week high of Rs 813.48 on 12 October 2007.
The company's current equity is Rs 23.89 crore. Face value per share is Rs 10.
The current price of Rs 328.60 discounts Q1 June 2008 annualized EPS of Rs 33.82, a PE multiple of 9.72.
Tata Motors' commercial vehicles sales rose 6% to 28,648 units in September 2008 over September 2007. Sales of passenger vehicles declined 2.5% to 16,586 units in September 2008 over September 2007.
Tata Motors' rights issue of ordinary and Class A shares priced at Rs 340 and Rs 305 respectively, opened for subscription on 29 September 2008. The issue will close on 20 October 2008. The rights issue is for part funding its $2.3 billion Jaguar-Land Rover deal.
Tata Motors' net profit fell 30.1% to Rs 326.11 crore on a 14.40% increase in net sales to Rs 6928.44 crore in Q1 June 2008 over Q1 June 2007.
Tata Motors is engaged in manufacturing and marketing heavy, medium and light commercial vehicles, utility vehicles and passenger cars.
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