Tuesday, 9 July 2019

Tata Motors Shares Dipped Over A Percent Intraday After Global Brokerage

Tata Motors shares dipped over a percent intraday after global brokerage house CLSA remained bearish on the stock due to multiple headwinds at luxury car maker Jaguar Land Rover.

"We have a sell rating on Tata Motors with a target price at Rs 150, implying 3 percent downside from current levels," the research firm said, adding rising warranty & impairment are concerns.

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