Tata Motors Stock Falls 5%: UBS Predicts 20% More Downside

Tata Motors Stock Falls 5%: UBS Predicts 20% More Downside

Jaguar Land Rover Sales Slowdown Worries Investors Tata Motors’ shares dropped by 5% on September 11, driven by concerns over its luxury arm, Jaguar Land Rover (JLR). UBS Securities maintained its “sell” recommendation, warning of a 20% potential downside due to weaker margins in JLR and domestic passenger vehicles. The brokerage highlighted that demand for…

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CDSL Shares Plunge 48%: What’s Behind the Dive?

CDSL Shares Plunge 48%: What’s Behind the Dive?

Ex-Bonus Adjustment Central Depository Services (India) Ltd (CDSL) shares plummeted 48% today on the NSE, opening at Rs 1,500 from yesterday’s Rs 2,898.10. This drop is due to the stock trading ex-bonus, as the company issued a 1:1 bonus, effectively halving the share price. Post-Adjustment Performance Despite the correction, CDSL shares surged 6% post-adjustment, reaching…

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