Tata Motors may consider dividend payment for FY23 after seven years, which may narrow the discount in its DVR shares over its ordinary shares. Tata Motors’ DVRs trade at a 44% discount to its ordinary shares, but offer a higher percentage of dividends for retail investors.
ETMarkets Smart Talk: Mid & Small Caps plunge 25%: A buying opportunity or more pain ahead?
The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of