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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
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Stock Market Today

  • Cocoa Prices Surge as Chocolate Demand Shows Resilience Amid Supply Concerns
    May 1, 2026, 9:29 AM EDT. Cocoa prices jumped sharply on Thursday, with July ICE NY cocoa rising 4.66% and May ICE London cocoa up 4.13%, reaching multi-week highs. This surge reflects steady chocolate demand, bolstered by strong earnings from Hershey and Mondelez. Forecasts for smaller global surplus, cut by StoneX due to risks from El Niño in West Africa, underpin price strength. Disruptions from the Strait of Hormuz closure also raise costs for cocoa importers, pushing prices higher. However, weak grindings in North America and Europe, coupled with softer chocolate candy sales, present downward pressure. Rising ICE cocoa inventories to a 20-month high and stable Ivory Coast supplies add complexity. Nigeria's declining exports provide a counterweight. The market balances resilient demand against cautious supply signals and seasonal factors.

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