JPMorgan recommends 'buying' this Tata Group stock for up to 15% upside

Although JPMorgan sees scope for expansion of Tata Capital's Net Interest Margins (NIMs), lower credit costs and opex, it expects the company's Return on Assets (RoA) to moderate to 1.9% for financial year 2026, majorly due to the merger of Tata Motors Finance with the company.

Nov 19, 2025 - 06:00
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JPMorgan recommends 'buying' this Tata Group stock for up to 15% upside
Although JPMorgan sees scope for expansion of Tata Capital's Net Interest Margins (NIMs), lower credit costs and opex, it expects the company's Return on Assets (RoA) to moderate to 1.9% for financial year 2026, majorly due to the merger of Tata Motors Finance with the company.

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