Tata Motors Stock Surges on Dec. 23, 2025: Why TMCV Shares Are Rising, What Brokerages Forecast, and the Iveco Deal Risks to Watch
Tata Motors Limited’s commercial vehicles stock (TMCV) jumped about 4% Tuesday, hitting ₹428.20 after several brokerages initiated or reiterated bullish coverage. Nomura set a ₹481 target, citing an expected upcycle in India’s medium and heavy commercial vehicles segment and improved sector profitability. TMCV now trades separately after the group’s recent demerger.
