{"id":9804,"date":"2025-06-04T11:48:24","date_gmt":"2025-06-04T06:18:24","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=9804"},"modified":"2025-06-04T13:58:19","modified_gmt":"2025-06-04T08:28:19","slug":"tata-motors-stock-gains-as-nomura-projects-14-upside-despite-may-sales-dip","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/tata-motors-stock-gains-as-nomura-projects-14-upside-despite-may-sales-dip\/","title":{"rendered":"Tata Motors Stock Gains as Nomura Projects 14% Upside Despite May Sales Dip"},"content":{"rendered":"

Brokerage maintains neutral rating, expects EV growth to pick up with Harrier EV<\/em><\/p>\n

After three consecutive sessions of losses, Tata Motors stock rose over 1% to \u20b9714 in morning trade on June 4, offering a breather for investors. The rally came despite an 8.6% year-on-year decline in the company\u2019s May 2025 vehicle sales, which was primarily due to sluggish demand in the domestic market.<\/p>\n

Nomura Maintains Neutral Rating, Sees Strong Upside<\/h2>\n

What fueled the recovery in the Tata Motors share price was a fresh report by global brokerage Nomura, which maintained its neutral rating on the stock but projected a target price of \u20b9799 per share.<\/p>\n

This reflects a potential upside of nearly 13.5% from the last closing price of \u20b9704. Nomura’s optimism is driven largely by Tata Motors’ electric vehicle (EV) strategy, particularly the anticipated launch of the Harrier EV.<\/p>\n

Harrier EV to Drive EV Penetration<\/h3>\n

According to Nomura, the Harrier EV is expected to significantly boost EV adoption in the high SUV segment. The vehicle is positioned competitively, with its pricing closely aligned with the entry-level diesel automatic SUVs, making it a compelling option for consumers considering the switch to electric.<\/p>\n

The report highlighted that the Harrier EV\u2019s placement puts it in direct competition with Mahindra & Mahindra\u2019s BEV (Battery Electric Vehicle) offerings, indicating a new phase of rivalry in the Indian electric SUV space.<\/p>\n

Rising EV Penetration Forecast<\/h3>\n

Nomura forecasts that EV penetration in Tata Motors\u2019 portfolio will grow steadily, increasing from 2.3% in FY25 to 4% in FY26 and 5% in FY27. This projection showcases the firm\u2019s belief in the brand’s ability to scale up EV volumes through strategic launches and better market positioning.<\/p>\n

Investor Sentiment Gets a Boost<\/h3>\n

Despite the recent dip in monthly vehicle sales, the positive outlook on Tata Motors shares by a major global brokerage has helped restore investor confidence. The stock\u2019s rise on June 4 reflects growing anticipation that future growth could be led by its EV ambitions.<\/p>\n

Tata Motors remains one of India\u2019s leading EV players, and with the upcoming Harrier EV launch, the company aims to further strengthen its position in the rapidly evolving automobile market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Brokerage maintains neutral rating, expects EV growth to pick up with Harrier EV After three consecutive sessions of losses, Tata Motors stock rose over 1% to \u20b9714 in morning trade on June 4, offering a breather for investors. The rally came despite an 8.6% year-on-year decline in the company\u2019s May 2025 vehicle sales, which was […]<\/p>\n","protected":false},"author":2,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1329],"class_list":{"0":"post-9804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1329,"user_id":2,"is_guest":0,"slug":"snehagandhi","display_name":"Sneha Gandhi","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/9804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=9804"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/9804\/revisions"}],"predecessor-version":[{"id":9817,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/9804\/revisions\/9817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/9812"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=9804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=9804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=9804"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=9804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}