Motilal Oswal sees 13% upside in Tata Motors stock: 5 reasons why

Motilal Oswal sees 13% upside in Tata Motors stock: 5 reasons why

Tata Motors can rally another 13%, with the stock expected to scale target of Rs 700, riding on strong growth drivers. Motilal Oswal has recommended a ‘Buy’ rating on Tata Motors, estimating a healthy recovery as supply-side issues ease and commodity headwinds stabilise for its India business. India’s largest EV play is expected to benefit … Read more

Brokerage mixed on Tata Motors after Q2 update; stock crashes 5%

Brokerage mixed on Tata Motors after Q2 update; stock crashes 5%

New Delhi: plunged as much as 5% in Monday’s trade after the company’s luxury arm Jaguar Land Rover (JLR) reported a muted update for the September quarter. Jaguar Land Rover reported a 4.9% decline in retail sales at 88,121 units in the second quarter ended September 30, 2021. The company had posted retail sales of … Read more