Here’s why Motilal Oswal is cautious on shares of both Tata Motors entities
Brokerage firm Motilal Oswal remains cautious on both Tata Motors-listed entities, namely Tata Motors Commercial Vehicles (TMCV) and Tata Motors Passenger Vehicles (TMPV). For TMCV, the brokerage has maintained its ‘Neutral’ rating with a price target of ₹416 per share, implying an upside of just 4% from current levels. Motilal Oswal recently attended TMCV‘s annual…
