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HDFC Securities Remains Cautious On Tata Motors Shares; Maintains 'Reduce' Rating
HDFC Securities remains cautious in the near term due to the tariff overhang, subdued global macro, an ageing PV portfolio, slowing EV growth amid higher competition and moderate growth for CVs.
10 Jun 2025, 11:04 AM IST 
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Tata Motors' focus on profitable growth to continue. (Photo source: Tata Motors website)
In Tata Motors' investor day held on June 09, 2025, on the demerger, the company expects NCLT approval by August or September, while listing and trading of the new CV company is expected to happen thereafter at some point in CY25. It mentioned that dividend payout will also be a focus area, going forward.
