Not M&M. Could this be the ‘dark horse’ of the auto sector?

While Mahindra & Mahindra (M&M) reported robust growth in the December 2025 quarter, Tata Motors Passenger Vehicles is emerging as a potential value play with a consolidated P/E of 23.3. Investors are monitoring the stock ahead of the March 2026 quarter, where the anticipated normalization of UK operations is expected to catalyze a performance recovery.