The domestic brokerage values Tata Motors stock at 19.3X/16.2X FY24E/FY25E consolidated P/E and 5X/4.2X EV/EBITDA. The shares are currently hovering at all-time high levels. It hit 52-week high of Rs 634.60 on BSE on Monday.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following