TMTata Motors544569Automobiles

Tata Motors launches Ares compact sedan to replace Tigor in passenger vehicle portfolio, priced from around 5.29 lakh rupees ex-showroom

By ScoutQuest · Mon 28 Sep 2026, 10:35 AM IST · 8 min read

Heard on Live television at 10:35:14 IST.

[10:35:14] see over here uh before uh you know again uh changing the stance right now, but overall pressure and weakness would continue in the market and one could go for a sell on bounce even in this kind of scenario. Most of the sectors have also given up uh their strength and the little amount of bounces that we were seeing are also being sold into. So overall 22,500 is the next downside level that we are looking out for with the immediate hurdle intact at 23,000 zones. Talking about Bank Nifty, of course, this index is also going into a lot of weakness and we could expect more downside move towards 54,000 with the hurdle zones of 55,000 levels. Got it. All right, Shivangi, what about uh individual stocks? So uh individual stocks uh first up on my radar given that we've said a lot of weakness in the market, so it would be a sell on Canara Bank. We've seen this has been in a downward sloping channel on the weekly basis and it's actually not performed in the last five months. Uh we've seen that short build up can be seen at these levels and fresh you know shorts are being accumulated here. So this one's in a quite a lot of weakness and we could expect downside move towards 115 with a stop loss at 123 levels. So this would be a sell idea. The second pick on my radar is Zydus Life. We've seen this one is pretty strong and despite the entire market weakness and volatility, this has resoundingly held on to the higher levels, surpassed its previous hurdle zones of 1200 levels as well which is now acting as a major support level. Uh weekly basis we've seen a 4 in flag pattern formation breakout after the consolidation of last few many weeks. So this one's quite strong and uh you know despite the entire red screen that we're seeing in the market, this one's uh pretty strong and promising. So uh recommending a buy here with the next target of roundabout uh 1290 levels with a support base of 1190. Right, take that point. Shivangi, thanks a lot for that. So, those are a couple of technical calls in the market, individual stocks as well. Before we move forward, just look at the individual chart of brain beast solutions. First try has been a big big uh wealth destroyer has been down almost 70% from the peak. The last couple of weeks have been fairly good for them. In fact all of last week as well it's saw some gains, in fact it's positive. One of the few stocks among the broader market which are positive for this month up around 4% this month so far. And uh it's seen an up move in today's trading session as well. A lot of volumes backing that counter. So, let's monitor how this goes along. Over the last week, we did see some large trades take place in this counter as well. So, that's about brain beast solutions. But uh let's get you some more ideas of profit from our colleagues at money control pro. Anubhav Sahu joins in with the stock Anubhav. Well, talking about recently listed Symbiotik Pharma lab uh which offers exposure to fermentation value chain demand as the company commands global leadership in select APIs. Uh that said, business warrants uh attention as the company has foreign into complex injectables. [10:38:14] particularly double chamber technology uh a territory dominated by MNCs such as Pfizer, B Brown and Baxter. Now it also has ready capacity contracted out for CDMO opportunities uh emerging for drug substance in industrial biotech. Now to bring out the size opportunity in near term about 56% of the gross Capex uh done so far is dedicated to new growth engines. Now utilization of same would pick up as the regulatory and client approvals are met in next 6 to 12 months. Uh potentially new capacities can fetch at least 800 CR at 110 asset turns uh which is close to fiscally 26 revenue. Uh in addition uh Capex intensity is far from over. Uh company has initiated construction of 600 KL uh capacity which can bring total CDMO capacity for fermentation opportunities to uh 1,000 KL. Uh now it anticipates uh uh capex of nearly 250 CR per annum for next few years as the current demand trends uh suggests that it may have to increase CDMO capacity by four times in next two to three years. Now while there could be execution challenges, uh stock wardens attention as it uh trades at a discount to close peers such as Laures Labs and Concord Biotech. All right take that point uh thanks a lot for that. Uh Tata Motors has launched Ares to replace Tigor in its passenger vehicle portfolio. On the other side of the short break excerpts of our chat with the MD and CEO Shailesh Chandra on sales demand market share gains and raw material outlook on the other side. Stay with us. June Wall Enterprises Limited launches an initial public offer of equity shares of face value of Rs 2 each in the price band of Rs 290 to Rs 305 per equity share. Bid offer opens on Friday, September 25th, 2026, closes on Tuesday, September 29th, 2026. For risk factors and other details, please refer to the red herring prospectus dated September 21st, 2026, available on the websites of the SEBI, the stock exchanges, the book running lead managers, and the company. Even Steels India Limited, a vertically integrated steel manufacturer is launching its IPO on NSE and BSE with an issue price band of rupees 385 to rupees 405. The issue opens on 24th September and closes on 28th September 2026. Issue managed by PL Capital and [10:41:14] [10:44:14] talk about a new launch coming in from uh the side of Tata Motors. They've launched the Ares compact sedan in India. An introductory price starting at about 5 and a half 5.29 lakh rupees ex showroom. The new compact sedan actually replaces the Tgor nameplate with a significantly revised exterior and updated cabin. As you can see on your screen, the car and its looks, but uh to understand what the company is making of demand and the new launch, along with what their expectations are, we do have the management, our colleagues caught up with them. Just to give a context of uh what went behind the thinking about this product, one that, you know, we were seeing that uh the you know, dominant thinking is that uh the sedans are is a dropping, you know, segment, and it is true that the share of sedans has been dropping as a percentage of TIV, but when we looked at the data, we saw that actually the compact sedan within sedans is growing at a very good growth growth rate. We saw compact sedan in the last one or two years has been growing at 20%. So, there is a sizable number of nearly three and a half lakh compact sedans which are being sold. So, that was that gave us confidence that we should be offering our product and we had been in this segment through a different offering. But the new insight also what we got through the research is that the requirements of fleet segment where this body style is very popular and the requirement of a personal buyer are very different. And therefore it was important that the same product should not be serving both the segments. So, he said that while on the fleet side we have a product which we will keep optimizing for the use of fleet, but we need to come with a product which is ex exclusively for the personal segment, who is seeking for more new technologies, more contemporary design, more comfortable space, the creature comforts as we call it. Uh you know, you spoke about how SUVs the market share has increased, but your data finds that this segment is also something that caters to a large part of Indian audiences. While we become a society which is aspirational, wants bigger looking cars at least, and we have seen that growth in the sub four meter as well uh where Tata is already present with a lot of offering, what is your insight about the sedan segment? Ex a- apart from the fact that it is used in fleet diversified usage uh tell us more about the insight that you get off the Indian market when it comes to the sedan? Do you think that it still has the potential of growth? You know, as I said that two three things, you know, there are many insights that came out of the research that we did. One is that uh uh the requirement is different from the personal buyer that I already mentioned. Uh there is a a significant portion of demand uh which is in Tier 2, Tier 3 cities because uh the average selling price of cars is slightly lower as compared to when you compare with the mega cities. Uh mega cities the purchasing power say in a Mumbai or a Delhi would be 16 17 lakh. People are buying cars on an average at that price level. So, compact sedan could could not

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