01 Oct 2025 | 5 Mins Read
Tata Motors Demerger Takes Effect, Jefferies Warns of Possible 15% Decline
Flipitmoney
Jefferies assigns an "Underperform" rating and a target price of Rs 575 per share to Tata Motors, implying a 15% downside potential. The brokerage is cautious due to global operations, JLR's recovery from a cyberattack, and challenges in the passenger vehicle market, as well as worries about margins on commercial vehicles despite lower GST rates and increased freight rates.