India's Tenneco Clean Air gains as Motilal Oswal starts with 'buy'

Tenneco Clean Air India

15/09/2026 07:07

** Shares of Tenneco Clean Air TENN.NS climb 2.9% to 521 rupees
** Motilal Oswal initiates coverage with "buy" and a PT of 673 rupees 
** Brokerage says the auto components maker is well placed to benefit from tightening emission norms, vehicle premiumisation and India's growing role as an export hub
** Says TENN holds leadership positions across key segments, including about 58% share in CV clean air, 68% in off-highway clean air and 55% in passenger vehicle suspensions
** Expects a 19% earnings CAGR over FY26-FY29, driven by growth in suspension systems and clean-air solutions
** Avg rating of 4 analysts on stock at "buy"; median PT is 657.50 rupees - LSEG compiled data
** Stock up 2.6% YTD


 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))