Tata Motors Passenger Vehicles Limited
TMPV.NS
National Stock Exchange of India342.30
INR
-4.75
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Tata Motors Passenger Vehicles Limited
TMPV.NS
(National Stock Exchange of India)
Recent
price
342.30
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Tata Motors Passenger Vehicles Limited Tata Motors Passenger Vehicles Limited (TMPV.NS) designs, develops, manufactures and sells passenger cars, sports utility vehicles and electric vehicles, as well as related spare parts and accessories; its portfolio features models powered by proprietary Ziptron technology for electric variants including Nexon EV, Punch EV and Curvv EV, alongside internal combustion engine options across hatchbacks, sedans and SUVs with trendsetting design, cutting-edge features and high safety standards; through its subsidiary Tata Passenger Electric Mobility Ltd (TPEM), it advances e-mobility with plans to invest $2 billion by 2026 for 10 new electric vehicles, dedicated BEV architecture, local component manufacturing and battery technology development, while supporting charging infrastructure expansion. The company, consolidated within Tata Motors Limited following the demerger of its commercial vehicles business into TML Commercial Vehicles Limited effective October 1, 2025 pursuant to the Composite Scheme of Arrangement approved by the National Company Law Tribunal, ranks as the third largest carmaker in India's passenger vehicle sector and operates primarily from manufacturing facilities in Sanand, Gujarat, with headquarters in Mumbai, India. In recent developments, Tata Passenger Electric Mobility Limited signed a definitive agreement in September 2025 to acquire Ford India Private Limited's Sanand manufacturing plant for Rs 725.7 crore to expand capacity to 300,000-420,000 units annually for passenger and electric vehicles; it pursues strategic partnerships across products, technology and global markets as stated by Managing Director Shailesh Chandra in November 2025; additionally, Jaguar Land Rover advances electrification with £500 million investment in its Halewood facility and launches like the Type 00 design concept, while the company achieves workplace safety milestones including a 35% reduction in Lost Time Injury Frequency Rate and increased diversity with 11.1% women in the workforce.