Tata Motors Shares Could See Over 40% Upside As Brokerages Bullish | Mint - Mint

4/12/2022 12:00:00 AM3 yearsago
by Livemint
by Livemint
Edelweiss believes Tata Motors' India and JLR business are on the cusp of strong demand & product cycle tailwinds, which should facilitate balance sheet improvement
JLR released its Q4FY22 wholesales volumes and the reported volumes of 76.5k units (ex-CJLR) are around 16% below of brokerage Edelweiss' expectation. Chip shortage continued to dent volumes in Q4FY2… [+1525 chars]
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