Tata Motors reported a 63% YoY decline in consolidated net profit to ₹3,924 crore in Q1, hit by US tariffs, weak demand, and legacy Jaguar model phase-out. Revenue dipped 2.5%, and EBITDA fell nearly 36%, signaling profitability pressure.
Vedanta Aluminium at earnings inflection point? Here’s why Motilal Oswal sees 21% upside
Motilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The brokerage expects EBITDA