Will Tata Motors End Its Sideways Streak? And What's Ola Electric’s Market Domination Strategy?

Will Tata Motors End Its Sideways Streak? And What's Ola Electric’s Market Domination Strategy?

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Sakshi Batra
  • Updated Dec 10, 2024 5:14 PM IST

 

Will Tata Motors shares break out of their prolonged sideways trend, and what makes Ola Electric Vinit Bolinjkar's top pick in the auto sector? In this detailed discussion, Vinit Bolinjkar, Head Research at Ventura Securities, shares his analysis of these two auto giants. On Tata Motors, Vinit Bolinjkar suggests keeping an eye on Jaguar Land Rover's (JLR) monthly performance figures, typically released around the 14th or 15th. European automakers have recently reported sharp declines in profitability, and Tata Motors may not be immune to this trend. However, if JLR manages to maintain resilience against the international market's challenges, it could signal a potential rally for Tata Motors shares. Otherwise, investors might consider avoiding it for now. Shifting focus to Ola Electric, Vinit Bolinjkar highlights its aggressive growth strategy as a key factor behind his bullish stance. The company plans to expand its distribution network from 1,000 to 4,000 outlets, significantly strengthening its market presence and brand recall. Currently holding a 30% market share, Ola Electric is positioning itself as a formidable player in the electric vehicle space, capable of competing with established industry giants. Vinit Bolinjkar believes this ambitious expansion could disrupt the market and cement Ola Electric's position as a top contender in the sector. Watch this insightful video for a deep dive into the potential of Tata Motors and Ola Electric, and gain expert perspectives on their future in the auto market.

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