Moody’s Ratings affirmed Tata Motors’ Ba1 corporate family rating with a positive outlook, while upgrading Jaguar Land Rover’s (JLR) rating to Ba1. The upgrade reflects TML’s strengthened credit profile through debt reduction and earnings growth. JLR’s electrification efforts and TML’s demerger plans are key factors influencing these ratings, with JLR expected to contribute over 90% of TML’s EBITDA post-demerger.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.