Mumbai, September, 2024 – Tata Motors’ share price experienced a 1% gain on Thursday, recovering from earlier losses. Despite being one of the top decliners in the Nifty 50 index during early trading, the stock closed the day in positive territory.
Earlier this week, Tata Motors’ shares had dropped over 5% on Wednesday, placing it among the significant losers within the Nifty 50. This decline followed a negative outlook from global brokerage UBS Securities, which maintained a “sell” recommendation on the stock. UBS set a target price of ₹825, highlighting a potential downside of more than 20%.
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