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It means the 1,900 staff will get a share of the profits and a say in how the business is run.
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Market sentiment is currently weak, with a key level to watch at 24,250, as a break below could trigger panic selling. Certain sectors like textiles and gems & jewellery will be significantly affected by tariffs. While PSU banks are expected to perform well due to anticipated credit growth, caution is advised for NBFCs in the retail loan segment.
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News and Media
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.
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News and Media
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