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Tata Motors slips 2% ahead of Q2 results; here's what brokerges expect

The auto major is expected to post subdued numbers for the quarter under review as as tough business conditions prevailed in all key geographies and market segments.

Brokerages slashed price targets on Tata Motors after the company reported biggest loss in India’s corporate history. The consensus 12-month price target for the stock is down to Rs 215 from Rs 252 earlier this month. Some brokerages have cut the tar

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2 min read Last Updated : Oct 25 2019 | 10:51 AM IST

Shares of Tata Motors slipped over 2 per cent on the BSE in the morning deals on Friday ahead of its September quarter results, due later in the day. At 10:24 am, the stock was trading at 131 apiece on the BSE, down 1.76 per cent against a 0.05 per cent decline in the S&P BSE Sensex.

The auto major is expected to post subdued numbers for the quarter under review as as tough business conditions prevailed in all key geographies and market segments. The company is seen reporting 13 per cent decline in net sales to Rs 62,467 crore

Topics : Tata Motors Q2 results Tata Motors JLR Markets Sensex Nifty

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