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’.
Minority investors show less dissent as cos hear them out
Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased