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BSE:TMCV 10 December 2025

Tata Motors CV Share Price Hits Record High as Ambit Sees 19% Upside; Stock Still Trades at 6% Discount to Ashok Leyland

Tata Motors CV Share Price Hits Record High as Ambit Sees 19% Upside; Stock Still Trades at 6% Discount to Ashok Leyland

Tata Motors Commercial Vehicles hit a record intraday high of ₹383 on December 10 after a 17% rally in two weeks. The surge pushed its market cap to ₹1.36 trillion, overtaking Tata Motors Passenger Vehicles. Ambit Institutional Equities initiated coverage with a 'Buy' rating and a ₹430 target, citing strong market share and improving profitability. The stock still trades at a 6% discount to Ashok Leyland.
10 December 2025

Stock Market Today

  • US Stock Market Drops Sharply Amid Middle East Tensions and Energy Concerns
    March 20, 2026, 12:17 PM EDT. The US stock market fell sharply as geopolitical tensions in the Middle East intensified. The Dow Jones Industrial Average dropped 234 points to 45,787.01, the S&P 500 slid 0.85% to 6,550.12, and the Nasdaq plunged 1.26% to 21,812.80. Investors moved into risk-off mode amid US-Iran conflict escalations and increased US military deployments, driving widespread selling. Energy infrastructure attacks raised supply disruption fears, further pressuring markets. The Nasdaq's larger decline reflects tech stocks' sensitivity to uncertainty. The sell-off points to a shift in investor sentiment amid rising global uncertainty, energy market volatility, and surging bond yields. Market participants now question whether this dip signals a deeper correction or a temporary pullback.
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