Tenneco India Share: Citi ne Di 'Buy' Rating, Par EV Ka Risk Hai Bhai!

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AuthorIshaan Verma|Published at:
Tenneco India Share: Citi ne Di 'Buy' Rating, Par EV Ka Risk Hai Bhai!
Overview

Bhaiyo aur behno, brokerage firm Citi ne Tenneco Clean Air India par apna report card chhod diya hai! Unhone stock ko seedha 'Buy' rating diya hai aur target rakha hai ₹650 ka. Matlab, unke hisaab se stock **26%** aur bhag sakta hai. Lekin bhai, sab kuch itna bhi smooth nahi hai. Company kaafi ICE (Internal Combustion Engine) tech par depend karti hai, aur EV ka zamana aa raha hai, toh thoda risk toh hai.

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Brokerage firm Citi ne Tenneco Clean Air India ko coverage mein liya hai aur unka target price ₹650 set kiya hai. Yeh current prices se lagbhag 26% ka upside dikhata hai, aur analysts ke average target ₹573 se bhi kaafi upar hai. Current market mein stock thoda weak chal raha hai, pichle mahine 11.39% gira bhi hai.

Abhi growth ke reasons ki baat karein toh, India mein gaadiyon ki demand acchi hai aur sarkar bhi emission rules ko strict kar rahi hai, jaise ki BS-VII aur CAFE III. Yeh sab Tenneco Clean Air India jaisi companies ke liye achha hai. Company ne Q3 FY2026 mein bhi accha perform kiya, revenue 14.2% badh kar ₹1,285.3 crore aur EBITDA 24.8% upar gaya. Plus, company Haryana mein ek naya plant bhi laga rahi hai growth ke liye.

Lekin bhai, yahaan kuch bade risks bhi hain. Sabse pehla toh hai ICE (Internal Combustion Engine) technology par company ka bahut zyada depend karna. Future toh purely EVs ka hai, aur reports ke hisaab se India mein ICE vehicles ka share 2019 ke 97% se ghata kar 2035 tak sirf 35% reh sakta hai. Dusra risk hai valuation ka. Iska P/E ratio around 37-38x hai, jo industry average 27.4x se kaafi mehenga hai. Aur haan, IPO ke time company ke governance aur kuch allegations ko lekar bhi baatein hui thi, jisko investors ko dekhna padega.

Toh overall, Citi ko future mein 26% tak ka upside dikh raha hai ₹650 ke target ke saath, par EV transition aur high valuation ke challenges ko nazarandaaz karna mushkil hai.

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Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.