Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

Jefferies on Tata Motors
Buy, Target Price Rs 540
Believe Tiago EV offers an attractive proposition, providing differentiated appeal of an EV at reasonable price
EVs now form 8% of India PV vols
Believe Tata has potential to gain share as EV adoption rises

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!