CLSA Bullish on Tata Motors: Maintains ‘Outperform’ Rating Amid Rising JLR Volumes 1
CLSA maintains ‘outperform’ rating on Tata Motors. Jaguar Land Rover (JLR) retail volumes up by 4.5% YoY in February. Target price set at Rs 1,133, signaling over 15% upside. Tata Motors’ stock likely to gain on March 26. Analysts foresee strong profitability with JLR volume growth. Recent demerger announcement aims to streamline operations. Elara Securities … Read more