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.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce