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.
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 year
Two Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro Systems climbed 185% in