AUTOMOBILE

TATA MOTORS

Date Price Return EXCESS RETURN

12/20/2021 447.05 T-BILL RATE 3.69%
12/21/2021 454
1.55% -2.14%
12/22/2021 471
3.74% 0.05%
12/23/2021 472
0.21% -3.48%
12/24/2021 468
-0.85% -4.54%
12/27/2021 471

0.64% -3.05%
12/28/2021 480 1.91% -1.78%
12/29/2021 476
-0.83% -4.52%
12/30/2021 470
-1.26% -4.95%
12/31/2021 482
2.55% -1.14%
1/3/2022 498

3.32% -0.37%
1/4/2022 490
-1.61% -5.30%
1/5/2022 490 0.00% -3.69%
1/6/2022 489
-0.20% -3.89%
1/7/2022 491
0.41% -3.28%
1/10/2022 504 2.65% -1.04%
1/11/2022 501 -0.60% -4.29%
 1/12/2022 507 1.20% -2.49%
1/13/2022 512 0.99% -2.70%
1/14/2022 510 -0.39% -4.08%
1/17/2022 525 2.94% -0.75%
1/18/2022 511 -2.67% -6.36%
1/19/2022 521 1.96% -1.73%
1/20/2022 516 -0.96% -4.65%
1/21/2022 502 -2.71% -6.40%
1/24/2022 478 -4.78% -8.47%
1/25/2022 491 2.72% -0.97%
1/27/2022 494 0.61% -3.08%
1/28/2022 497 0.61% -3.08%

AVERAGE RETURN 0.40%

STANDARD DEVIATION OF
NEGATIVE RETURNS 0.01
STANDARD DEVIATION OF
EXCESS RETURNS 0.02
 FUNDAEMENTAL ANALYSIS
3 year CAGR growth

Revenue -5.10%

NetProfit -5.21%

OperatingProfit 4.55%

Piotroski Score 2.00

WEAK FINANCIALS

ECONOMY ANALYSIS INDUSTRY ANALYSIS

India has emerged as the fastest In the last four years, domestic automobile
growing major economy in the world production has witnessed a growth of CAGR
and is expected to be one of the top 2.36% with 26.36 million vehicles being
three economic powers in the world manufactured and a 1.29% CAGR sales
over the next 10-15 years, backed by growth. ... Automobile Export has grown with a
its robust democracy and strong CAGR of 6.94% during FY16-20, with the export
partnerships. of 4.77 million.

TECHNICAL INDICATORS
TREND VERY BULLISH
 Moving Averages Bullish
Technical Indicators Bullish
Moving Averages Crossovers Neutral

Indicator Level
RSI(14) 50.92
MACD(12,26,9) 3.53
Stochastic(20,3) 48.73
ROC(20) 5.72
CCI(20) 6.41
Williamson%R(14) -51.27
MFI(14) 62.81
ATR(14) 17.27
ADX(14) 13.6
Bollinger Band(20,2) UB : 525.15

LB : 475.63

SMA20 : 500.39
RSC (6 months) 160.59

PIVOT LEVELS
Type R1
Classic 506
Fibonacci 506.02
Camarilla 498.59
 RATIOS 2021 2020
P/E (x) -8.16 -2.04

P/B (x) 2.09 0.41

EV/EBITDA
5.3 4.4
(x)

P/S (x) 0.46 0.1

Return on
Networth / -24.34 -19.13
Equity (%)
ROCE (%) 6.14 -0.25
Return On
-3.92 -3.74
Assets (%)
Current Ratio
0.93 0.85
(X)
Gross Profit
13.98 8.02
COMPANY ANALYSIS Margin (%)
The Company's overall sales of Tata and other
brand vehicles increased by 21.3% to 6,75,826
units in Fiscal 2018 from 5,57,002 units in Fiscal
2017, and the revenue (before intersegment
elimination) increased by 18.0% to Rs. 66,620.38 Operating
crores during Fiscal 2018, compared to Rs. 4.55 -0.17
Margin (%)
56,448.48 crores in Fiscal 2017.

Net Profit
-5.21 -4.2
Margin (%)

RS
 Indication
Neutral
Bullish
Neutral
Bullish
Neutral
Bearish
Neutral
High Volatility
Weak Trend
--

Outperformer

R2
Pivot
514.7 R3
Point
509.33 520.05 500.65
499.88 514.7 500.65
501.16 500.65
 Industry Comparison
TTM PE Ratio - Negative PE TTM

Market Cap - Market Leader

Price to Book Ratio - Below industry
Median
TTM PEG Ratio - Negative PEG
TTM

CALCULATIONS
AVERAGE RETURN 0.40%

STANDARD DEVIATION OF NEGATIVE 0.01

RETURNS

0.02
STANDARD DEVIATION OF STOCK

STANDARD DEVIATION OF EXCESS

RETURNS

BETA 0.07
Nifty 50 return 0.021%
Rf 3.69%
STANDARD DEVIATION OF
0.01032396437
BENCHMARK
 Various Ratios

Sharpe Ratio -1.64411263068395

FAMA' s Decomposition
Sortino Ratio -2.41711509444004 Return

Jensen Alpha -0.03 SML return

Treynor Ratio -0.470232453845727 Return due to toal

selectivity
Informatio Ratio 0.389006549319488 CML return
Appraisal Ratio -3.12972470246782 Return due to Net
selectivity
FAMA Decomposition 15.4078% Inadequate
diversification
MA' s Decomposition

0.3984%

0.0343

-3.0348%

0.1884
-18.4426%

15.4078%
 BENCHMARK NIFTY 50
DATE PRICE RETURN
30-Nov-21 16983.2
1-Dec-21 17166.9 1.08%
2-Dec-21 17401.7 1.37% Average Return 0.021%
3-Dec-21 17196.7 -1.18% SD 0.010324
6-Dec-21 16912.3 -1.65%
7-Dec-21 17176.7 1.56%
8-Dec-21 17469.8 1.71%
9-Dec-21 17516.9 0.27%
10-Dec-21 17511.3 -0.03%
13-Dec-21 17368.3 -0.82%
14-Dec-21 17324.9 -0.25%
15-Dec-21 17221.4 -0.60%
16-Dec-21 17248.4 0.16%
17-Dec-21 16985.2 -1.53%
20-Dec-21 16614.2 -2.18%
21-Dec-21 16770.9 0.94%
22-Dec-21 16955.5 1.10%
23-Dec-21 17072.6 0.69%
24-Dec-21 17003.8 -0.40%
27-Dec-21 17086.3 0.49%
28-Dec-21 17233.3 0.86%
29-Dec-21 17213.6 -0.11%
30-Dec-21 17204 -0.06%
31-Dec-21 17354.1 0.87%
3-Jan-22 17625.7 1.57%
4-Jan-22 17805.3 1.02%
5-Jan-22 17925.3 0.67%
6-Jan-22 17745.9 -1.00%
7-Jan-22 17812.7 0.38%
10-Jan-22 18003.3 1.07%
11-Jan-22 18055.8 0.29%
12-Jan-22 18212.4 0.87%
13-Jan-22 18257.8 0.25%
14-Jan-22 18255.8 -0.01%
17-Jan-22 18308.1 0.29%
18-Jan-22 18113.1 -1.07%
19-Jan-22 17938.4 -0.96%
20-Jan-22 17757 -1.01%
21-Jan-22 17617.2 -0.79%
24-Jan-22 17149.1 -2.66%
25-Jan-22 17278 0.75%
27-Jan-22 17110.2 -0.97%
28-Jan-22 17102 -0.05%
31-Jan-22 17100 -0.01%