Tata Motors Stocks Analysis Emkay Global Reaffirms BUY rating with 950 Target

Tata Motors Stock Analysis: Emkay Global Reaffirms 'BUY' Rating with ₹950 Target Introduction Tata Motors (NSE: TATAMOTORS), one of India's leading automobile manufacturers, has seen mixed results in its Q3 FY25 earnings report. Despite some challenges, brokerage firm Emkay Global Financial remains bullish on the stock, maintaining a ‘BUY’ rating with a target price of ₹950 . The report highlights both strengths and concerns, particularly in Jaguar Land Rover (JLR) performance, electric vehicle (EV) profitability, and the commercial vehicle (CV) outlook . Q3 Performance: Below Expectations but Signs of Improvement Tata Motors’ Q3 FY25 performance was slightly below market expectations due to a decline in average selling price (ASP) at JLR and standalone operations , coupled with a lower-than-expected margin expansion at JLR . JLR EBIT Margin : Increased by 244 bps QoQ to 14.2% , showing resilience but still trailing expectations. Consolidated EBIT Margi...