This Tata Group Stock at Lowest PE Since Listing; Results Tomorrow – Watch Out!
Tata Group stock trades at its lowest PE since listing. With earnings set to be announced tomorrow, all eyes are on its performance.
The start of CY2025 has been a rollercoaster ride. So far in 2025, the NSE benchmark Nifty50 index has declined by 1.27 per cent. The Nifty50 index is now approximately 11 percent below its all-time high recorded in September 2024. As the index has slipped from its peak, many stocks have followed suit. Among them, one Tata Group stock has fallen 42 per cent from its high, resulting in the stock's price-to-earnings (PE) ratio reaching its lowest level since listing.
The stock in focus is Tata Technologies. A subsidiary of Tata Motors Ltd, Tata Technologies provides comprehensive solutions across the product value chain. These solutions include outsourced product engineering services, digital transformation services, upskilling programs, and value-added reselling of software products essential for developing and realizing superior products.
The company’s value proposition is built on two key components:
- Outsourced Product Engineering Services: These services assist manufacturing customers in conceptualizing, designing, and developing improved products.
- Technology Deployment and Upskilling: This involves helping customers identify and implement technologies and solutions used in manufacturing, servicing, and realizing better products while equipping their workforce with the necessary competencies.
The stock’s PE ratio has dropped from over 85 to below 50, reflecting a significant shift. Currently, this Tata Group stock is trading near its lowest level since listing. Over the last year, the stock price has declined by 29.56 per cent.
A meeting of the Board of Directors of Tata Technologies Limited is scheduled for Tuesday, January 21, 2025. The agenda includes reviewing the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024, along with the Limited Review Report from the auditors for the corresponding period.
Disclaimer: The article is for informational purposes only and not investment advice.