Tata Motors shares rose after outlining strong growth targets, including margin expansion and cash flow improvement. Brokerages remain divided, with JM Financial bullish, while Nomura and Motilal Oswal stay cautious on near-term demand and margins. Long-term outlook remains supported by infrastructure growth, CV demand recovery and digital and EV initiatives.
Tata Motors shares surged 5% after the company unveiled robust growth targets, focusing on margin expansion and improved cash flow. While JM Financial maintains a bullish stance, Nomura and Motilal Oswal express caution regarding near-term demand and margins. The long-term…
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