Tata Motors is once again grabbing investor attention after its stock surged more than 6% on April 15, riding on two major catalysts: hopes of U.S. tariff relief for automakers and an upbeat outlook from brokerage house Emkay Global on Jaguar Land Rover (JLR)’s current valuation.
🔹 Positive Global Cues: U.S. May Ease Auto Tariffs
Market sentiment turned sharply positive after U.S. President Donald Trump signaled potential short-term relief on auto import tariffs. This brought a wave of buying interest in auto stocks globally, especially companies with exposure to the North American market.
Tata Motors, with its iconic British luxury subsidiary JLR and strong overseas presence, was a key beneficiary. The stock climbed to ₹628.05 on the BSE, while component makers Samvardhana Motherson and Sona BLW also posted solid gains, rising over 7%, thanks to their operational footprint in Mexico—a critical auto export base to the U.S.
🔹 JLR Valuation at Historical Lows, Says Emkay
Adding to the momentum was a bullish research note by Emkay Global, which reiterated a ‘Buy’ call on Tata Motors. The brokerage highlighted that JLR’s current valuation has dropped to historic lows, offering an attractive entry point for long-term investors.
Emkay believes that JLR, despite near-term headwinds, is on track for a recovery driven by demand normalization, strong brand value, and ongoing investment in electric vehicle innovation. Combined with Tata Motors’ improving position in the Indian passenger and commercial vehicle markets, the stock is viewed as a solid pick.
📈 In Summary:
- Stock Price Movement: Tata Motors jumped over 6% to ₹628.05
- Global Boost: Hopes of short-term U.S. tariff relief on auto imports
- Broker View: Emkay says JLR valuations are at attractive lows
- Peers Rally Too: Samvardhana Motherson (+7.2%) & Sona BLW (+7.1%)
With both domestic and global tailwinds, Tata Motors appears well-poised for a strong move ahead, making it a stock to watch closely in the coming sessions.
