Tata Technologies, once a dream listing, has seen its market value plummet by Rs 25,000 crore from its peak. Revenue concentration on Tata Motors and JLR, coupled with their challenges, has led to uneven financial performance and cautious brokerage sentiment. Investors face a long road to recovery as the stock struggles to regain its footing.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction