Tata Motors Stock has yielded returns of more than 45% in this month and touched the 52-week high levels of Rs. 523.85. Also, Many Institutional Brokers or Institutional Research Houses like Morgan Stanley have given ratings of ‘Overweight’ and hence we will be discussing the reason behind this up-gradation in ratings and about the latest development.
The Investment from a PE Investor in the EV Unit of Tata Motors is a big thing. The Company has already taken an early mover advantage in EV and this infusion of new capital investment will boost the company’s EV business which could also lead to a surge in stock price further as well. Hence, this development in Tata Motors will be an interesting thing to watch. Here, Investors with an Aggressive Risk Profile can only think to invest in the Tata Motors Stock. Conservative and Moderate Investors should avoid this counter. This discussion should not be considered as direct investment advice and hence one should do proper research and study before making any investment decision.
Originally Published On: https://blog.investyadnya.in/tata-motors-latest-news-development/