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Tata Motors tops Maruti in m-cap for first time in seven years
Prabhudas Lilladher's Singh said that Tata Motors has also been leaders in the domestic electric vehicle segment, gaining significant local market share. By contrast, Maruti Suzuki has been facing headwinds due to its presence mainly in the lower-cost passenger vehicles. However, the brokerage has a 'Buy' rating on both stocks.