SENSEX
NIFTY
GOLD
USD/INR

Weather

image 11    C

Markets News

The Economic Times

Markets / The Economic Times

details

UBS bullish on TaMo CV and Ashok Leyland, assigns 'Buy'

UBS initiated coverage on Tata Motors' commercial vehicles business with a buy rating and a 550 price target, citing undervaluation compared to global peers. The brokerage also reiterated a buy on Ashok Leyland, raising its price target to 225. UBS believes Indian CV makers are poised to narrow valuation gaps due to improving fundamentals.

29 Jan 2026 5:40 am