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Tata Motors or Ashok Leyland? Analyst reveals his preferred auto stock for near-term gains

Tata Motors secured new business.

20 Sept 2026 · Business Today Mkts

Tata Motors vs Ashok Leyland: B&K Securities' Rachit Khandelwal shares his outlook, technical levels and targets for both auto stocks amid Tata Group uncertainty.

For Tata Motors, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.

  • The company directly in focus is TATAMOTORS.
  • Sector exposure: Auto.
  • The immediate tone of coverage reads positive.