Citi Bets Big on Tenneco Clean Air: 26% Upside Predicted for Auto Supplier

• Tenneco Clean Air India shares surged 6% after Citi initiated coverage with a 'Buy' rating.
• Citi set a price target of ₹650 per share, indicating a potential 26% upside.
• Key growth drivers include premiumisation in Indian auto segments, stricter emission norms, and new order wins.
• Risks identified are high exposure to ICE powertrains, raw material price volatility, and regulatory delays.
• Four out of five analysts recommend 'Buy' for Tenneco Clean Air India.