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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Tata Motors Limited    TATAMOTORS   INE155A01022

TATA MOTORS LIMITED (TATAMOTORS)

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Tata Motors : delivers 30 Buses to Bengaluru Metropolitan Transport Corporation

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06/19/2017 | 12:35pm CEST
In the Image, newly delivered Tata Motors' buses to BMTC, at the flag-off ceremony held in Bangalore.

In our continued endeavor to provide safe and comfortable mass transportation to new and upcoming smart cities, Tata Motors today delivered 30 new buses to the BMTC (Bengaluru Metropolitan Transport Corporation). The new delivery is a part of a larger order of 1385 buses bagged by Tata Motors comprising of the Ultra 6/9 BS IV Midi and LPO 1512/55 BS IV buses.

Honorable Chief Minister of Karnataka, Shri. Siddaramaiah and Transport Minister, Shri. R Ramalinga Reddy along with officials from BMTC and Tata Motors were present at the handover ceremony.

Mr. RT Wasan, Vice President, Sales & Marketing, Tata Motors said, 'With the delivery of these new BS IV compliant buses, we at Tata Motors are proud of our continued association with the BMTC, having delivered our first bus to the corporation in 1998. This next generation fleet of connected Tata Motors buses introduced today, reiterates our commitment towards the use of innovative technologies and concepts in Mass Public Transportation, to meet the current and future needs of Smart Cities like Bangalore. With a fleet size of over 2200 Tata Motors buses in BMTC's fleet, we look forward to a continued partnership with them, in their endeavor to reinforce the public transportation system in the city.'

About the Tata Ultra 6/9 BS IV Midi Bus

The Ultra 6/9 is a BS-IV ready fully built bus equipped with a fuel efficient TATA 497 TCIC engine which generates power of 92Kw@2400 rpm & maximum torque of 400 Nm@1300 to 1600 rpm. With a seating capacity of 30 seats, the new buses are 9 m in length and 2.5 m in width, giving ample gangway space for standees.

The ITS architecture defines the overall inter connectivity of the different sub system inside the vehicle, communication within the sub systems and connectivity to the backend solution for the transmission of the real time vehicle information. It consists of following sub systems

  • Passenger information system (PIS)
  • Automatic vehicle location system (AVL)
  • Security camera network system (SCN)
  • Vehicle health monitoring and diagnostics (VHMD)

The single control unit 'SCU', together with the single bus driver console 'BDC', forms the nucleus of the on- bus vehicle intelligent transport system (OBITS)

These buses are also fitted with Fire detection and suppression system.

About the Tata LPO 1512/55 BS IV

The Tata LPO 1512 is equipped with a fuel efficient ISBe 5.9 BSIV engine, which generates power of 98Kw@2500 RPM and maximum torque of 430 Nm@1300 to 1800 rpm. Powered by Tata Cummins SCR technology, the Tata LPO 1512/55 ensures good mileage in city operations. These will be one of the most fuel efficient 11 meter buses in the BMTC fleet. The vehicle is well assisted by Weveller Suspension at the front, which takes vertical load and offers stiffness, aiding the bus to travel in a straight line. Pneumatic suspension at the rear, make the ride comfortable for the commuter.

Tata Motors is the country's largest bus manufacturer, with the most complete range of transit vehicles that meets every need, arising from day-to-day travel. The company continues to be a leader in the segment not just by setting technological benchmarks but by also adapting innovations effectively to suit Indian travel conditions. With a whole range of coach designs, e.g. microbus, intercity and touring coaches, luxurious inter-city travel options, to safe transport choices for school going children, Tata Motors is best suited to cater to

customers' needs with an entire gamut of day-to-day mass passenger transport solutions. The company continues to be a leader in this segment not just by setting technological benchmarks, but by also adapting innovations effectively to suit travel conditions in Indian cities and rural areas. The company continues to actively participate in the development and implementation of solutions for mass passenger transport in key markets across the world.

Tata Motors currently designs, develops and manufacturers its buses in Pune, Dharwad, Pantnagar and Lucknow. Besides its partnership with ACGL of Goa for bus bodies, Tata Motors also has a joint venture with Marcopolo S.A. of Brazil, one of the largest bus body manufactures' in the world, for fully built bus (FBV) solutions. Tata Motors' approach of manufacturing FBVs (Fully Building Vehicles), meets the government's new norms in terms of safety, fuel efficiency, wider bus gangways, with the flexibility to be powered by both CNG and Diesel.

About Tata Motors buses:

Tata Motors Limited is India's largest automobile company, with consolidated revenues of INR 269,850 crores (USD 41.6 million) in 2016-17. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 9 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS and Russia.

Tata Motors Limited published this content on 17 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 June 2017 10:35:10 UTC.

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Financials ( INR)
Sales 2018 3 030 383 M
EBIT 2018 199 021 M
Net income 2018 124 805 M
Debt 2018 333 791 M
Yield 2018 0,38%
P/E ratio 2018 11,85
P/E ratio 2019 8,42
EV / Sales 2018 0,58x
EV / Sales 2019 0,47x
Capitalization 1 419 763 M
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Number of Analysts 42
Average target price 538  INR
Spread / Average Target 21%
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NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Chandrasekaran Ramakrishnan President & Group Chief Financial Officer
Natarajan Chandrasekaran Chairman
Satish Balkrishna Borwankar Chief Operating Officer & Executive Director
Belwal C. Jagdish Chief Information Officer
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