The Economic Times
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| 04 March, 2021, 08:43 AM IST | E-Paper
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    Double in 3 months! Is it time to sell Tata Motors stock now?

    The company surprised analysts by gaining market share as passenger car volume revived over the past six months.

    Synopsis

    Analysts expect Tata Motors to report a volume of 2.8 lakh and 3.3 lakh units for FY22 and FY23 in the PV segment.

    ET Intelligence Group: Tata Motors’ stock price has doubled in the past three months. Though rumours of a possible tie-up with Tesla garnered attention, a major chunk of the gain was on account of improving domestic business and cheaper valuation. The company surprised analysts by gaining market share as passenger car volume revived over the past six months. It clocked a market share of 8.5% in December 2020 compared with 5.1% in February
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