Following the quarterly results, Morgan Stanley retained an ‘Outperform’ rating on Tata Motors stock while Jefferies took a ‘Buy’ view. Among the domestic brokerages, Motilal Oswal and Nuvama recommended ‘Buy’ while ICICI Securities has suggested an ‘Add’.
The EV to MCAP ratio assesses a company’s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash
Valuation guru Aswath Damodaran warns India faces more global resistance in its growth journey than China did. Rising trade uncertainties, driven by US tariffs, threaten
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