What is the target price for Tata Motors CV shares?

According to the analysts at Nomura, the target price for Tata Motors CV shares is ₹365 per share.

What factors are driving the positive outlook for Tata Motors CV?

The analysts cite the global reach and synergies from Tata Motors' acquisition of Iveco, as well as the expected recovery in India's commercial vehicle sales due to a reduction in the GST rate and replacement demand from various sectors.

Home / Business and Economy / Tata Motors CV Spinoff Unlocks Hidden Value, Analysts Forecast Soaring Valuations

Tata Motors CV Spinoff Unlocks Hidden Value, Analysts Forecast Soaring Valuations

16 Oct

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Summary

Tata Motors CV shares pegged at ₹260.75, but analysts see higher target of ₹365
Tata Motors PV shares trading at ₹400, implying ₹260.75 value for Tata Motors CV
Analysts expect immediate value-unlocking for Tata Motors CV, with share price settling at ₹380

Tata Motors CV Spinoff Unlocks Hidden Value, Analysts Forecast Soaring Valuations

As of October 16, 2025, Tata Motors Ltd. has completed its demerger, with the focus now shifting to the performance of Tata Motors CV, the company's commercial vehicle division. While the demerger "pegged" the Tata Motors CV share price at ₹260.75, analysts at Nomura Financial Advisory and Securities (India) Pvt. Ltd. have a higher target price of ₹365 for the truckmaker.

After the demerger, Tata Motors PV shares started trading at ₹400 apiece, implying a value of ₹260.75 for the Tata Motors CV shares. However, the analysts at Nomura expect immediate value-unlocking for the CV business, with the share price potentially settling at ₹380.