Noel Tata Writes To Tata Sons Challenging Chandra's Reappointment, Seeks Disclosure Of Venu Srinivasan's TVS Links
TVS Motor reported results.
· NDTV Profit, Business Today Mkts
In an eight-page letter to the Tata Sons company secretary and board, Tata Trusts Chairperson Noel Tata questions the validity of N Chandrasekaran's reappointment, alleges non-disclosure of commercial dealings between TVS Motor and a company linked to the chairman's family, and seeks records of board deliberations, conflict declarations and legal opinions.
The analysis
Against that, the stock is -2.0% on the day at ₹4,195.20, and has returned -0.3% over three months. It sits 6% below its 52-week high. The auto sector has moved -7.7% over the same period, so TVS Motor is running 7.4 points ahead of its peers.
For TVS Motor, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- In focus: TVS Motor (TVSMOTOR), in Auto.
- Over three months: TVS Motor -0.3% against Auto -7.7% (7.4 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| TVS MotorTVSMOTOR · Auto | ₹4,195.20 | -2.0% | +2.2% | -0.3% | -6.1% | 1.1× | — |
Auto
1M -5.8% · 3M -7.7%
TVS Motor
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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