Tata Motors PV Share Price Target 2026: Geojit has assigned Buy rating on Tata Motors Passenger Vehicles Ltd (TMPV) shares. The brokerage said that TMPV has delivered resilient financial performance in the fourth quarter, despite production disruptions and adverse realisations.
The brokerage has set a target price of Rs 341 on TMPV shares, offering an upside of 15 per cent from the CMP of Rs 296.
Tata Motors PV Share Price Target 2026:
Geojit said that the management has highlighted improving retail momentum, supported by strong brand recall across premium nameplates and resurgence in domestic demand following GST rate rationalisation.
Production normalisation is progressing well, with pipeline replenishment expected to support sequential recovery.
Pricing actions and recent launches are likely to aid margin improvement, while electrification remains a structural focus backed by localisation gains and policy-linked incentives.
Tata Motors PV share price target 2026: Business expansion
The passenger vehicles business has also taken initial steps towards international expansion to diversify growth avenues. However, the ongoing Middle East war remains a significant concern and is likely to impact the company’s input costs.
"Nevertheless, the outlook for the stock remains optimistic, led by strong pricing power and opportunities in electrification," Geojit said.
Tata Motors Passenger Vehicles Ltd (TMPV) is a leading automobile manufacturer in India. It designs, manufactures and sells passenger vehicles like Tata Punch, Tata Nexon, Tata Safari, Tata Harrier, Tata Altroz and more.
