Tata Motors is the fastest growing Auto Stock in the World, Even in the World, even faster than Tesla.

The Automotive Giant recorded a 43% surge in its price recently. Not in limelight but ruling the charts.

Tata motors has registered the highest gain in its stock price in january as comppared to its global peers, some of the most valuable automotive compaies in the world. The India automotive giant recorded a 43% rise in its share price, while General Motor's stock, second on the list, recorded a 22% growth.

The consistent uptick in its share price, since Aug 2020, has been primarily driven by the management's focus on debt reduction and improving operating margins. the rally was further fueled when Tata Motors/JLR generated FCF of Rs. 7900 crore at the end of 3rd quarter with the net automotive debt declining to Rs. 55,000 cr. The street sees significant improvement in operating performance and financial deleveraging across all three segments - JLR, Passenger Vehicles and Commercial Vehicles.

There were also rumors in January 2021 that Tata Motors is patrtnering with Tesla, which further pushed the share price higher. However, the company denied it later. the management's strong electric vehicles strategy and CV cycle bottoming out, coupled with PVs seeing strong traction has further supported the stock rally. the traction was further accelerated by the heightened traction PV business has been witnessing , aiding the uptick in the stock price of Tata Motors, which has grown from Rs.120 to Rs. 341 yesterday.