HS
Hardik Shah• 6d ago
Citi has given a 'Buy' recommendation for Tenneco Clean Air India, setting a target price of ₹650. The optimistic outlook is based on growth in CAPT/ART, premiumization, and stricter emission norms. However, investors should consider potential risks such as exposure to Internal Combustion Engines (ICE), raw material volatility, and delays in the implementation of emission policies.