Tata Motors is vulnerable to near-term headwinds, say analysts

Its net worth has shrunk again; leverage ratio is up to a decade high

Topics
Tata Motors | Q4 Results | Auto sector

Krishna Kant  |  Mumbai 

Tata Motors has been one of the top-performing index stocks during the pandemic period. The Mumbai based automaker’s stock price is up 343 per cent since the end of March last year against a 69.3 per cent and a 74.8 per cent rise in the Sensex and the Nifty50, respectively.

The rally in Tata Motors was driven by expectations of a sharp rebound in the company's revenue and profits in the second half of FY21 after a poor showing in the previous three years. The company's results for Q4FY21, however, suggest that investors are in for a long haul and there's no quick fix ...

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First Published: Wed, May 19 2021. 23:04 IST
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