Strong Q1 show drives Tata Motors to fresh 52-week high. Should you buy?

July 26, 2023

Following the quarterly results, Morgan Stanley retained an ‘Outperform’ rating on Tata Motors stock while Jefferies took a ‘Buy’ view. Among the domestic brokerages, Motilal Oswal and Nuvama recommended ‘Buy’ while ICICI Securities has suggested an ‘Add’.

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