Tata Motors— Profit Focus Intact But Global Headwinds Persist For JLR, Says Motilal Oswal, Maintaining Neutral

The brokerage continues to remain on the sidelines regarding Tata Motors, given the uncertainties around threat from potential US tariff levies, weak global macro conditions, and the ramp-up of margin-dilutive EV business..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.We met with the Tata Motors Ltd.'s management, and the key takeaways of the same are as follows: The house of brands strategy is proving successful, with its top three models now well differentiated. It plans to position the Discovery brand accordingly. Going forward, the focus will be on profitable volume growth, without any major focus on market share. Management has maintained its FY25 guidance, unlike most other OEMs that have issued profit warnings.In the Indian commercial vehicle segment, while the business has performed well across most parameters, the primary focus would be on regaining lost share in small commercial vehciles. In the Indian passenger vehicle segment, apart from upcoming new launches, the company will focus on improving its service capabilities. However, we continue to remain on the sidelines regarding this company, given the uncertainties around threat from potential US tariff levies, weak global macro conditions, and the ramp-up of margin-dilutive EV business. In the absence of any triggers, we reiterate our Neutral stance with Dec’26E SOTP-based target price of Rs 705..Click on the attachment to read the full report:.Tata Communication Can Rally 34%, Says ICICI Securities As It Double Upgrades The Stock To 'Buy' — Here's Why.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Tata Motors— Profit Focus Intact But Global Headwinds Persist For JLR, Says Motilal Oswal, Maintaining Neutral

In the absence of any triggers, Motilal Oswal reiterates Neutral stance on Tata Motors with Dec’26E SOTP-based target price of Rs 705.

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