Tata Motors shares: 22% down in 2026, right time to buy famous auto stock? What brokerages say after loss narrows in Q2
New Delhi, Nov. 15 -- Tata Motors Passenger Vehicles Ltd (TMPVL) shares will be in focus on Monday, 16 November, after the automaker reported its September quarter results, with a sharp increase in revenue and a narrowing of operational pressures but a substantial consolidated loss due to exceptional charges.
The stock has declined nearly 22% so far in 2026, raising the question of whether the recent correction offers investors an opportunity to accumulate the auto stock. However, brokerages remain divided on its prospects, with Motilal Oswal Financial Services reiterating its 'Sell' rating and setting a target price of Rs.240, while Nuvama Institutional Equities has maintained its 'Buy' rating, albeit with a reduced target price of Rs.3...
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