India's Tata Motors gains on winning multiple orders

Tata Motors

16/03/2026 07:31

** Tata Motors TATM.NS rises as much as 2.06% to 434.60 rupees; last up 1.7%

** Commercial vehicles maker said on Friday it secured pan-India orders for more than 5,000 buses from multiple state transport undertakings

** Stock on track to snap three sessions of losses

** TATM rated "buy" on average; median PT is 532 rupees, per data compiled by LSEG

** YTD, stock up 2.44%

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))