BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Tata Motors Ltd. hosted ‘Investors Day' for the India business. The management's re-iterated key target areas over next two to three years are -
1. continued market share gains both in passenger vehicle and commercial vehicle led by competitive launch,
2. double digit Ebitda in CV and high single digit Ebitda in next three years,
3. free cash flow break even by FY23 and
4. retaining leadership in electric vehicle business.
We believe sharp focus on execution both in CV and PV business will help to drive strong operating performance in standalone business.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
