Brief by Shorts91NewsDesk / 02:32pm on 27 Feb 2025,Thursday Business
Tata Motors' stock has dropped 44%, erasing Rs 2 lakh crore in market value, primarily due to weak demand for its Jaguar Land Rover (JLR) division in key markets like China, the UK, and the EU. The company faces challenges from increasing competition and potential U.S. import tariffs on European cars. Despite these hurdles, analysts see a potential buying opportunity, citing attractive valuations and the possibility of a JLR recovery. CLSA upgraded the stock, forecasting a 40% upside, while BNP Paribas maintains a cautious outlook, acknowledging the stock's current consolidation phase.
