Tata Motors, Adani Green’s bonds sink as weak rupee blights India credit

Tata Motors, Adani Green’s bonds sink as weak rupee blights India credit

The debt of Jaguar-owner and mining giant Resources Ltd. suffered their biggest drop on record last week, among a handful of Indian companies whose bonds plummeted as the rupee sank to a record low. In addition to those two dollar notes maturing in 2024, Energy’s foreign currency bond tumbled the most since March while GMR … Read more

Tata Motors | Zomato: What CLSA has to say about Tata Motors, Zomato & ABFRL

Tata Motors | Zomato: What CLSA has to say about Tata Motors, Zomato & ABFRL

New Delhi: Global brokerage firm CLSA has come with a positive outlook on as many as three Indian stocks, across various consumer centric sectors. The Hong Kong headquartered firm is bullish on the companies like , and . On Tata Motors, CLSA has maintained an outperform rating with a target price of Rs 480 as … Read more