Date: 6 February 2021
#analystreport #recommendation #equityresearch #tatamotors #tutorial #investmentbanking
https://www.financialexpress.com/market/tata-motors-rating-reduce-jlr-results-beat-consensus-estimates/2188985/
#analystreport #recommendation #equityresearch #tatamotors #tutorial #investmentbanking
https://www.financialexpress.com/market/tata-motors-rating-reduce-jlr-results-beat-consensus-estimates/2188985/
The Financial Express
Tata Motors Rating ‘Reduce’; JLR results beat consensus estimates
JLR Ebitda for FY22/23e up 28/11%; for domestic biz, up 21-22%; TP raised to Rs 244; ‘Reduce’ retained given dear valuations