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Commercial and Passenger Vehicle Units of Tata Motors Extend Rally Amid Demand Optimism
Tata Motors’ CV and passenger vehicle stocks rose for a third day as demand outlook improved, GST cuts lifted utilisation, and management guided for sustained growth in H2.
Shares of Tata Motors’ commercial vehicle arm and Tata Motors Passenger Vehicles continued to trade higher for the third consecutive session, outperforming a largely flat broader market. Investor sentiment strengthened after management indicated that growth momentum is likely to sustain through the second half across key segments. The recent GST rate cut has also supported higher consumption and better fleet utilisation, aiding medium and heavy commercial vehicle cargo volumes.