Tata Motors shares drop 3% despite strong Q4 earnings
after close1 source ↓written by the desknot a recommendation
- to ₹372
- 3%
- YoY
- 70%
- to ₹24
- 22%
Shares of Tata Motors fell over 3% to ₹372 on the BSE after reporting a net profit of ₹2,406 cr, up 70% YoY. Revenue increased 22% to ₹24,452 cr. Despite strong results, Motilal Oswal maintained a Neutral rating with a target price of ₹416, indicating cautious sentiment among traders.
Not investment advice. For informational purposes only.