From 90% premium, it has now come down to somewhere around 55% to 60%. But at the same time, Indian earnings estimates are also coming down. If you look at the consensus EPS estimates for 2025, 2026, over the last one month maybe five to six weeks they are down about 5%, which is a major departure from the trend that we had seen earlier.
Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surge
Ashok Leyland and Tata Motors shares rallied, tracking a sharp fall in crude oil prices and a broader market recovery amid hopes of a negotiated