Tata Motors' market cap breaches Rs 4 trillion mark for the first time
The rally was on the back of an upgrade by broking firm Nomura, which revised its rating for the auto company from 'Neutral' to 'Buy' and increased its price target by 26% to Rs 1,294 from Rs 1,141.
By Autocar Professional Bureau
3578 Views
Auto major Tata Motors' market capitalisation crossed the four trillion mark for the first time. The auto stock surged over 6% to close the day at Rs 1,091.
The rally was on the back of an upgrade by broking firm Nomura, which revised its rating for the auto company from 'Neutral' to 'Buy' and increased its price target by 26% to Rs 1,294 from Rs 1,141.
Nomura's positive outlook is based on the belief that Jaguar Land Rover's (JLR) performance could significantly benefit Tata Motors' stock. The brokerage also highlighted the potential value that could be unlocked by Tata Motors' plan to demerge its passenger vehicle (PV) and commercial vehicle (CV) businesses.
RELATED ARTICLES
Margin Trade-Off Needed to Some Extent to Drive EV Adoption: Tata Motors PV
Darshan Nakhwa
20 Feb 2026
Automaker says long-term EV progress takes priority as entry segment remains toughest to electrify
BaaS isn’t really a service, it’s a financing tool: Tata Motors' Shailesh Chandra
Prerna Lidhoo
20 Feb 2026
The company frames the model not as a service but as a financing instrument, designed to help hesitant buyers visualise ...
Tata Motors Bets on New Punch.ev to Drive Entry-level EV Adoption
Ketan Thakkar
20 Feb 2026
New model targets low-penetration sub-₹12-lakh segment with higher range, faster charging and lifetime battery warranty....
