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 …