neutral
10h agoTata Motors Gets Bullish Outlook from Brokers, Dipan Mehta Favors Ashok Leyland
Brokerages like BofA and JP Morgan have turned bullish on Tata Motors' commercial vehicle (CV) business, setting a price target of ₹475, citing potential cyclical recovery in both India and Europe. This recovery is expected to boost demand for commercial vehicles in the coming months. While these brokerages are positive on Tata Motors' CV segment, market expert Dipan Mehta, though optimistic on the entire sector, has expressed a preference for Ashok Leyland, suggesting it may outperform Tata Motors in the near term due to its strong positioning in the domestic market.
Zoho• By Pooja Kumari
Explore:Mutual Fund Themes
neutral
10h agoTata Motors Gets Bullish Outlook from Brokers, Dipan Mehta Favors Ashok Leyland
Brokerages like BofA and JP Morgan have turned bullish on Tata Motors' commercial vehicle (CV) business, setting a price target of ₹475, citing potential cyclical recovery in both India and Europe. This recovery is expected to boost demand for commercial vehicles in the coming months. While these brokerages are positive on Tata Motors' CV segment, market expert Dipan Mehta, though optimistic on the entire sector, has expressed a preference for Ashok Leyland, suggesting it may outperform Tata Motors in the near term due to its strong positioning in the domestic market.
Zoho• By Pooja Kumari
Explore:Mutual Fund Themes
1 min read
91 words
Brokers turn bullish on Tata Motors' CV segment with a ₹475 target, while Dipan Mehta favors Ashok Leyland for its strong domestic market positioning.
Brokerages like BofA and JP Morgan have turned bullish on Tata Motors' commercial vehicle (CV) business, setting a price target of ₹475, citing potential cyclical recovery in both India and Europe. This recovery is expected to boost demand for commercial vehicles in the coming months. While these brokerages are positive on Tata Motors' CV segment, market expert Dipan Mehta, though optimistic on the entire sector, has expressed a preference for Ashok Leyland, suggesting it may outperform Tata Motors in the near term due to its strong positioning in the domestic market.
Brokerages like BofA and JP Morgan have turned bullish on Tata Motors' commercial vehicle (CV) business, setting a price target of ₹475, citing potential cyclical recovery in both India and Europe. This recovery is expected to boost demand for commercial vehicles in the coming months. While these brokerages are positive on Tata Motors' CV segment, market expert Dipan Mehta, though optimistic on the entire sector, has expressed a preference for Ashok Leyland, suggesting it may outperform Tata Motors in the near term due to its strong positioning in the domestic market.
Dec 18, 2025 • 06:31