Why Tata Motors shares surged 8% today? EV success, JLR can bring stock rerating, say analysts
Tata Motors Ltd ‘s Q3 margin beat analyst estimates by a healthy margin and the decline in its average selling price got halted after three successive quarters due to better mix. JLR numbers came in strong on seasonality basis and demand commentaries continue to be positive. While Tata Motors could see some moderation in demand …