Company Brief
Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing company. It is a part of the Tata Group, and one of the world's largest manufacturers of commercial vehicles. The OICA ranked it as the world's 20th largest automaker, based on figures for 2006.
Tata Motors was established in 1945, when the company began manufacturing locomotives. The company manufactured its first commercial vehicle in 1954 in collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors was listed on the NYSE in 2004, and by 2005 it was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2004, it bought Daewoo's truck manufacturing unit, now known as Tata Daewoo Commercial Vehicle, in South Korea. It also, acquired a 21% stake in Hispano Carrocera SA, giving it controlling rights in the company. Tata Motors launched their much awaited Tata Nano, noted for its Rs 100,000 price-tag, in January 2008.
In March 2008, it finalised a deal with Ford Motor Company to acquire their British Jaguar Land Rover (JLR) business, which also includes the Rover, Daimler and Lanchester brand names. The purchase was completed on 2nd June 2008. Tata Motors has its manufacturing base in Jamshedpur, Pantnagar, Lucknow, Pune and Singur.
Annual Reports
Annual Report FY07
Annual Report FY06
Annual Report FY05
Annual Report FY04
Annual Report FY03
Equity Research Reports
Reliance Money - Feb 11, 2008
ValuEngine - Feb 6, 2008
IDBI Capital - Feb 4, 2008
Emkay Research - Feb 2, 2008
Edelweiss - Feb 1, 2008
ENAM Securities - Feb 1, 2008
Prime Broking - Feb 1, 2008
Angel Broking - Jan 31, 2008
IDFC SSKI - Jan 31, 2008
Edelweiss - August 2, 2007
Edelweiss - May 21, 2007
Edelweiss - Mar 23, 2007
Edelweiss - Jan 25, 2006
