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Tata Motors shares fall 6% after weak growth outlook and UBS downgrade

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Tata Motors shares fell 6% to ₹980.10 on the BSE after the company announced price cuts of up to ₹2.05 lakh on its electric vehicles (EVs) and popular models as part of the “Festival of Cars” promotion. The move, aimed at boosting sales, raised concerns about weaker growth prospects. In response, global brokerage UBS downgraded the stock to a ‘sell’ rating and set a target price of ₹8... https://smtfinmedia.com/tata-motors-shares-drop-6-following-weak-growth/

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