New Delhi, March 5 -- Tata Motors Ltd. could see its stock price rise 38 percent from Tuesday's closing level, as per a March 5 note from Morgan Stanley. Despite the bullish upside projection, the brokerage maintained an "equalweight" rating-equivalent to a neutral stance-on the stock, setting a target price of Rs.853.

Morgan Stanley highlighted robust retail sales growth for Land Rover in the US as a key positive for Tata Motors. According to the brokerage, Land Rover's retail sales in the US surged 79 percent year-over-year (YoY) to 11,900 units in February 2025, marking an improvement from 70 percent YoY growth in January and 34 percent in December 2024. The high-margin premium model mix stood at 76 percent in February, slightly lower...