Tata Motors PV: Nuvama eyes 30% rally on JLR playbook, but Nomura is cautious
Tata Motors' share price rose as JLR revealed its growth plan at an investor meet. Nuvama and Nomura are confident about JLR's long-term strategy, with Nuvama predicting a 30% increase in Tata Motors. JLR plans to launch 5 new vehicles, expand in North America, and cut costs for better profitability. Nomura remains cautious about the short-term due to lower-than-expected sales.