The Nifty January 2025 futures closed at 23,671.10, a premium of 144.6 points compared with the Nifty's closing 23,526.50 in the cash market. In the cash market, the Nifty 50 slipped 162.45 points or 0.69% to 23,526.50. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 1.33% to 14.66. Tata Motors, HDFC Bank and Tata Consultancy Services were the top trading individual stock futures contracts in the F&O segment of the NSE. The January 2025 F&O contracts will expire on 30 January 2025.Powered by Capital Market - Live

The Tata Motors Group global wholesales in Q3 FY25, including Jaguar Land Rover** were at 341,791 nos., higher by 1%, as compared to Q3 FY24. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q3 FY25 were at 97,535 nos., lower by 1%, over Q3 FY24. Global wholesales of Tata Motors passenger vehicles* in Q3 FY25 were at 139,829 nos., higher by 1% as compared to Q3 FY24. Global wholesales for Jaguar Land Rover** were 104,427 vehicles, higher by 3% as compared to Q3 FY24. Jaguar wholesales for the quarter were 5,604 vehicles, while Land Rover wholesales for the quarter were 98,823 vehicles. *Tata Motors passenger vehicles includes sales of electric vehicles **JLR number does not include CJLR volumes (CJLR - It is a JV between JLR and Chery AutomobilesPowered by Capital Market - Live

Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in the third quarter of FY25 stood at 97,535 units, lower by 1% over the same period a year ago. Global wholesales of passenger vehicles in the December 2024 quarter stood at 1,39,829 units, up 1% on a YoY basis. Global wholesales for Jaguar Land Rover were 104,427 vehicles, higher by 3% YoY, due to an improvement following supply disruptions in the second quarter of FY25. Jaguar wholesales for the quarter were 5,604 vehicles, while Land Rover wholesales for the quarter were 98,823 vehicles. Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks and buses. The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24. The counter declined 1.92% to Rs 779.55 on the BSE.Powered by Capital Market - Live

The JLR wholesale volumes increased due to an improvement following supply disruptions in the second quarter of FY25. Wholesale volumes were higher in North America (up 44% YoY) and Europe (up 6% YoY), and lower in China (down 38% YoY), the UK (down 17% YoY) and Overseas (down 1% YoY) during the period under review. Wholesale volumes for JLR's three best-selling models for Q3 FY25 were up 22% for Range Rover, up 17% for Range Rover Sport, and up 13% for Defender, compared to Q3 FY24 Retail sales stood at 106,334 units in the third quarter FY25 (including the Chery Jaguar Land Rover China JV) were down 3% compared to Q3 FY24 and up 3% compared to Q2 FY25. The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models increased to 70% of total wholesale volumes. In the quarter, demand for Range Rover was particularly strong with wholesale volumes up 48% compared to Q2 FY25, partly due to the resolution of temporary supply chain disruptions, but also up 22% compared to the same quarter a year ago, representing continued strong demand. Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks, and buses. The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24. The counter declined 1.87% to Rs 780 on the BSE.Powered by Capital Market - Live

JLR today reported increased wholesale volumes for the third quarter of FY25 (three-month period to 31 December 2024), reflecting an improvement following supply disruptions in the second quarter of FY25. Wholesale volumes of 104,427 units in the third quarter of FY25 (excluding the Chery Jaguar Land Rover China JV) were up 3% compared to the same quarter a year ago and up 20% compared to the prior quarter ended 30 September 2024. Compared to the prior year, wholesale volumes were higher in North America (+44%) and Europe (+6%), and lower in China (-38%), the UK (-17%) and Overseas (- 1%). Wholesale volumes for the financial year to date were 289,485, down 1% compared to the prior year. Retail sales of 106,334 units in the third quarter (including the Chery Jaguar Land Rover China JV) were down 3% compared to Q3 FY24 and up 3% compared to Q2 FY25. Retail sales for the financial year to date were 320,622, up 1% compared to the prior year. The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models increased to 70% of total wholesale volumes. In the quarter, demand for Range Rover was particularly strong with wholesale volumes up 48% compared to Q2 FY25, partly due to the resolution of temporary supply chain disruptions, but also up 22% compared to the same quarter a year ago, representing continued strong demandPowered by Capital Market - Live

The Nifty January 2025 futures closed at 23,785.45, a premium of 77.55 points compared with the Nifty's closing 23,707.90 in the cash market. In the cash market, the Nifty 50 slipped 91.85 points or 0.39% to 23,707.90. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 6.32% to 14.66. Tata Motors, Oil & Natural Gas Corporation, and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE. The January 2025 F&O contracts will expire on 30 January 2025.Powered by Capital Market - Live

Tata Motors will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

The Society of Motor Manufacturers and Traders (SMMT), UK, has published the vehicle registration data for the month of December 2024. New car registrations in the United Kingdom (UK) recorded a 0.2% decline in December 2024 to 140,786 units from 141,092 units in December 2023. Land Rover car registrations slipped 19.69% to 3,629 units in December 2024 from 4,519 units in December 2023. While Jaquar car registrations tumbled 64.23% to 382 units in December 2024 as compared with 1,068 units in December 2023. JLR is owned by Tata Motors, a global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offering extensive range of integrated, smart and e-mobility solutions. It is India's market leader in commercial vehicles and amongst the top three in the passenger vehicles market. Tata Motors, part of the Tata group, is a global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

The Nifty January 2024 futures closed at 24,074.80, a premium of 70.05 points compared with the Nifty's closing 24,004.75 in the cash market. In the cash market, the Nifty 50 slipped 183.90 points or 0.76% to 24,004.75. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 1.43% to 13.54. Tata Motors, Reliance Industries and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE. The January 2025 F&O contracts will expire on 30 January 2025. Powered by Capital Market - Live

Total domestic sales increased 1% YoY to 76,599 units in December 2024. Total commercial vehicle sales declined 1% to 33,875 units in December 2024 from 34,180 units reported in the same period last year. Domestic sales of medium and heavy intermediate commercial vehicles (MH & ICV) in December 2024 stood at 15,968 units, down 5.24% as compared with 16,851 units in December 2023. Total MH&ICV sales for domestic & international business in December 2024 stood at 16,604 units, down 5.61% compared to 17,591 units in December 2023. Total passenger vehicle (including EV) sales rose 1% to 44,289 units in December 2024 as compared with 43,675 units sold in December 2023. Girish Wagh, executive director of Tata Motors, said, 'Tata Motors Commercial Vehicles registered domestic sales of 91,260 units in Q3 FY25, witnessing a marginal YoY decline of ~1% over Q3 FY24 and marking a significant improvement over the 19% YoY decline in sales recorded in Q2 FY25. Further, sales in December 2024 were ~24% higher than those recorded in November 2024. Propelled by a resurgence in construction and mining activities post-monsoon, plus the festive season demand, the HCV segment witnessed robust sequential quarter on quarter (QoQ) growth in sales during Q3 FY25, even as the YoY sales declined 9% due to limited growth in end-use segments.' Shailesh Chandra, managing director of Tata Motors passenger vehicles and Tata passenger electric mobility, said, 'The PV industry posted moderate growth in CY24 and is expected to touch a sales volume of 4.3 million units, with strong growth in the SUV segment and sustained traction for emission-friendly powertrains. In Q3 FY25, the industry saw a strong revival, driven by increased retails in the festive season. For Tata Motors, CY24 was the fourth consecutive year of highest-ever annual sales with 565,000 units sold. We registered strong growth in our SUV portfolio with successful product introductions built on our proven multipowertrain strategy. CNG volumes grew a substantial 77%, with over 120,000 CNG vehicles sold in CY24. SUV volumes grew a robust 19%, with Punch selling over 200,000 units to emerge as the highest selling car model in India in CY24.' Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks, and buses. The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24. The counter rose 0.27% to Rs 751.25 on the BSE.Powered by Capital Market - Live