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Ventura Securities bullish on Tata Motors, sees 72%  upside  in 30 months;  here's why

The Indian auto market continues to outperform its international counterpart. This trend is anticipated to continue, believes brokerage Ventura Securities Ltd.

The brokerage is very optimistic about the possibilities brought about by the new scrappage policy.

The brokerage feels this could be a significant catalyst for sustained growth over the medium term throughout the entire automotive industry.

Since 2018, the brokerage claims, the management of Tata Motors Ltd has implemented a number of restructuring measures.

JLR has taken a number of steps to realign its portfolio for an electric future, guaranteeing the sustainability and viability of its business strategy.

A new development cycle is anticipated to unfold for JLR believes the brokerage.  

The new development is on the back of easing of chip availability, China's opening up, favourable tailwinds from the US's IRA, and competing EU subsidies revealed at the same time as the interest rate cycle's peak.

Click here to know about what the brokerage thinks of the company's financials.

Click here for more market related stories. 

Ventura Securities bullish on Tata Motors, sees 72% upside in 30 months; here's why

The brokerage claims, the management of Tata Motors Ltd has implemented a number of restructuring measures that are intended to increase operational effectiveness, reduce capital expenditure, and accelerate Jaguar Land Rovers (JLR's) free cash flow (FCF) generation.

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Ventura Securities bullish on Tata Motors, sees 72% upside in 30 months; here's why

The brokerage claims, the management of Tata Motors Ltd has implemented a number of restructuring measures that are intended to increase operational effectiveness, reduce capital expenditure, and accelerate Jaguar Land Rovers (JLR's) free cash flow (FCF) generation.

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