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…
