Research TMPV

TMPV

Tata Motors Passenger Vehicles · NSE
SELL
Report · May 10, 2026
12 AI Agents · Conflict-Free
12-Agent Consensus
2 BUY · 4 HOLD · 2 SELL
Bull Case
  • April 2026 EV sales jumped 72-77% YoY, with record 6% EV penetration.
  • TMPV.NS demerged entity shows 31% sales growth, 72-77% EV growth.
Bear Case
  • Price ₹355.45 above 50-SMA (₹341.40) but below 200-SMA (₹359.86).
  • Operating profit collapsed from ₹16,818 Cr. (14% margin) to ₹879 Cr. (1% margin).