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Tata Motors PV: Nuvama eyes 30% rally on JLR playbook, but Nomura is cautious

Posted on June 18, 2026
By Financial Express
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1 min read

Tata Motors PV: Nuvama eyes 30% rally on JLR playbook, but Nomura is cautious

Tata Motors stock is in focus after the Jaguar Land Rover analyst meet. Nuvama sees 30% upside with a Buy rating and Rs 470 target, while Nomura stays Neutral. Here's what both brokerages are saying about JLR's growth plans, EV launches, North America strategy and future outlook.