Tata Motors PV, Stellantis expand tie-up for global vehicle development
Tata Motors set out an expansion.
· BS Companies
The expanded partnership adds advanced technology and vehicle architecture collaboration to the companies' existing manufacturing…
The analysis
Against that, the stock is -1.8% on the day at ₹402.95, and has returned -3.1% over three months. It sits 20% below its 52-week high. The auto sector has moved -4.3% over the same period, so Tata Motors is running 1.2 points ahead of its peers.
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.
Market context
- The company directly in focus is TMCV.
- Sector exposure: Auto.
In this story
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