Motilal Oswal Rates TATA Motors 'Neutral' with INR 417 Target Post New Truck Launch
Business
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Moneycontrol•21-01-2026, 12:38
Motilal Oswal Rates TATA Motors 'Neutral' with INR 417 Target Post New Truck Launch
- •TATA Motors Commercial Vehicles (TMCV) launched 17 new trucks (7-55 tonnes) across ICE and EV platforms in Delhi.
- •New trucks focus on Profit, Safety, and Sustainability, offering higher payloads (up to 1.8 tons) and 7% fuel savings.
- •TMCV will upgrade all four truck cabins (Azura, Ultra, Signa, Prima) to European ECE R29-03 crash safety standards at negligible extra cost.
- •An entire EV truck range (9-55T) built on the iMove architecture was introduced to meet emission targets.
- •Motilal Oswal maintains a 'Neutral' rating with a target price of INR 417, citing fair valuation after the recent stock rally.
Why It Matters: Motilal Oswal gives TATA Motors a 'Neutral' rating with a INR 417 target after its new truck launches.
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