Prabhudas Lilladher s Singh said that Tata Motors has also been leaders in the domestic electric vehicle segment, gaining significant local market share. By contrast, Maruti Suzuki has been facing headwinds due to its presence mainly in the lower-cost passenger vehicles. However, the brokerage has a Buy rating on both stocks.
Two-wheeler tyre market leader CEAT is betting on electrification and premiumisation as it targets a top line of Rs 17,000 crore in three years. But competition is intensifying and it must strive hard to consolidate its lead - Issue Date: Feb 04, 2024
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