The Tata group company's domestic passenger vehicles business continues to see strong growth post the GST cut and recent launches receiving good customer response.
Tata Motors Passenger Vehicles and Jaguar Land Rover have commenced operations at their ₹9,000 crore Panapakkam plant in Tamil Nadu, rolling out the Range Rover Evoque as the first vehicle
Tata Motors outlook: With GST rationalisation & pick up in government capex, commercial vehicle volumes are likely to improve going forward, believes the management.
Technical charts show that stocks such as IndiGo, Hindustan Unilever, Apollo Hospitals and Tata Motors Passenger Vehicles are trading in oversold territory based on the RSI parameter.
As TMPV begins its independent journey, analysts caution that several structural risks - from slower EV adoption to JLR's global dependence - could weigh on its growth trajectory.
Tata Motors demerger, TMCV share listing LIVE Updates: Following the approvals from exchanges, Tata Motors had informed in an exchange filing this week that its CV business will list on Wednesday
After the Tata Motors split, TMPV inherits the passenger, EV, and JLR units with most of the group's debt, while the newly listed CV arm starts lighter, backed by strong liquidity and modest borrowing