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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