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Sparsh Jindal

24th Jun · SEBI-Registered Analyst

Tata Motors CV Rallies on Bullish Brokerage Calls

Shares of Tata Motors' demerged commercial vehicle business climbed nearly 4% after brokerages reaffirmed their bullish stance, citing strong industry demand, market-share gains and improving margins. Analysts also expect the Iveco deal to support long-term growth, with CLSA projecting a 40% market share and over 27% upside from current levels. $TMCV

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