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Analyst Recommends Holding Tata Motors PV as Recovery Signals Strengthen
Tata Motors PV stock shows recovery momentum, with analysts advising a hold strategy and seeing upside potential toward ₹450 amid strong technicals and product demand.
Kunal Parar of Choice Equity Broking has advised investors to hold Tata Motors PV shares, stating that booking small profits may not be optimal at this stage. TThe he stock has formed a strong base near ₹340 and is showing renewed buying interest. Parar has set an initial target of ₹420, followed by ₹450. Positive sentiment has also been supported by robust demand for the new Sierra model, which reportedly received over 70,000 bookings on launch day, reinforcing confidence in the company’s product pipeline.