Economic TimesLean R·
Tata Motors shares jump 5% on strong growth guidance. What are Nomura, other brokerages saying?
Shares of Tata Motors (Commercial Vehicles) rallied as much as 5% to their day’s high of Rs 420 on the BSE on Wednesday after the company outlined an ambitious roadmap for the next two years, targeting double-digit EBITDA margins, free cash flow of 7-9% of revenue, and annual investment spending of 2-4% of revenue by FY2028 as it pursues global expansion, electrification and higher-margin digital businesses.At its Investor Day 2026, the company said it had already achieved several of its FY2027…
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