Tata Motors share price targets post analyst meet, outlook & more
Tata Motors has set ambitious targets for expanding its market share and improving profitability in both its commercial and passenger vehicle segments by FY27. The company aims to capture a 40% market share in commercial vehicles (CVs) and deliver an Ebitda margin in the teens, according to recent reports by MOFSL and Nuvama Institutional Equities following the company’s analyst meet.
MOFSL reported that Tata Motors expects the CV industry to grow at a slower compound annual growth rate (CAGR) of 3-5% over the next five years, compared to the average freight demand CAGR of 5-7%. The impact of dedicated freight corridors contributes to this outlook. Nevertheless, the company remains focused on achieving resilient margins and high…
