CLSA downgrades Tata Motors

download-7d659ee3

Tata Motors down 1.2%

Brokerage agency CLSA has downgraded Tata Motors from “Buy” to “Sell” at a target price of Rs.408. It said company’s domestic passenger vehicle business is overvalued. On the other hand JLR is lagging i electrification.  The stock currently trading around Rs.492. Today stock reacted negatively after this report. The stock is down 1.2%. CLSA opined …

Tata Motors down 1.2% Read More »

BSE-and-NSE-Why-are-there-two-Stock-Exchanges-in-India-cover-ce29c690

Pre-market Information-Pfizer gets U.S.FDA nod for Covid vaccine booster for 12-15 year old

The US and European markets did well. Asian markets showing mixed trend. FIIs were buyers for a second trade session in a row.  Marico said its Q3 earnings were impacted by slowing consumption patterns. The whole FMCG sector has said to be affected.  Hindustan Zinc said Q3 integrated saleable metal up 11%. Vedanta said total …

Pre-market Information-Pfizer gets U.S.FDA nod for Covid vaccine booster for 12-15 year old Read More »