Jefferies has cautioned that Tata Motors’ share price might fall to Rs 550, citing significant YoY declines in Q1 EBITDA and pre-ex PBT, falling below estimates. The brokerage anticipates an EPS decline in FY26, followed by modest growth. Challenges across businesses, including JLR pressures and weak CV demand in India, contribute to the negative outlook.
InvITs industry pushes for easier M&A rules to boost investor interest
India’s InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of control guidelines to match