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VERIFIEDMint Markets·positive

US-Iran peace deal may fuel CV sector growth: Kotak Equities upgrades Tata Motors, Ashok Leyland

AI Summary
  • ·Kotak Equities has upgraded Tata Motors to ‘Buy’ from ‘Add’ following a stock price correction.
  • ·The target price for Tata Motors has been raised to ₹450 per share from ₹430.
  • ·A potential US-Iran peace deal may boost the commercial vehicle (CV) sector.
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