Tata Motor Share Price: Shares of Tata Motors fell 5.4% to 980.10 on the BSE after announcing price cuts of up to Rs 2.05 lakh on EVs and popular cars, signaling weak growth prospects. UBS responded with a ‘sell’ rating and a target price of Rs 825. The price cuts, part of the ‘Festival of Cars’ promotion, come amid a significant inventory buildup and a 4.5% decline in dealer sales in August, marking the third drop this financial year.
IPO investors in CPSE stocks get bumper returns in 8 years; Mazagon Dock tops chart
As many as 15 out of 18 public sector companies listed over the last 8 years have given bumper returns with Mazagon Dock Shipbuilders topping