Tata Motors shares rally 2% as India business turns net debt free in FY24. Should you invest?

June 12, 2024

Tata Motors shares surge on debt-free India business, JLR target by FY25. Aiming for EV EBITDA breakeven in FY26, expanding product portfolio for 80% market share. Analysts positive on growth prospects. Motilal Oswal, JM Financial, and ICICI Securities offer varying ratings and target prices.

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Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh

The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,

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Probal Sen flags muted quarter for Reliance as O2C weakness weighs

Reliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numbers. While retail and telecom offer stability, energy business

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