Get startedLog in
    Picture of Tata Motors Passenger Vehicles logo

    TMPV — Tata Motors Passenger Vehicles News Story

    0.000.00%
    in flag iconLast trade - 00:00
    Consumer CyclicalsBalancedLarge CapMomentum Trap
    All News

    Street View: Brokerages cautious on Tata Motors PV despite ambitious growth targets

    Picture of Tata Motors Passenger Vehicles logoTata Motors Passenger Vehicles
    24/06/2026 11:04
    BUZZ-Street View: Brokerages cautious on Tata Motors PV despite ambitious growth targets
    ** India's Tata Motors Passenger Vehicles TAMO.NS said at its investor day on Tuesday that it aims to nearly double its revenue and sales volumes by fiscal 2031 
    ** TAMO down 1.3% to 349.9 rupees

    GROWTH, MARGINS IN FOCUS
    ** Jefferies ("underperform," PT: 300 rupees) says it likes the company's improving market share in India but sees "headwinds" for Jaguar Land Rover
    ** BofA Global Research ("underperform," PT: 335) says "JLR margin recovery can be a bit elusive to us at the current juncture, given elevated costs and competition headwinds"
    ** Nomura ("neutral," PT: 373 rupees) says the guidance reinforces its view on the company's ability to grow faster than industry, led by EVs; high competitive intensity may limit margin improvement in FY27
    ** Emkay Global ("add," PT: 390 rupees) notes the company retained its guidance of 10% growth in passenger vehicle industry for despite a higher base in the second half of FY26

     (Reporting by Abhinav Parmar in Bengaluru)
     ((Abhinav.Parmar@thomsonreuters.com;))

    Recent news on Tata Motors Passenger Vehicles

    See all news