💨 Abstract

Tata Motors, an Indian automaker, experienced a 7% drop in share price on Thursday following the announcement of a larger-than-expected drop in third-quarter profit. Seven brokerages lowered their price targets, and three downgraded their ratings for the company's stock, as per data compiled by LSEG, after reporting the 22% decline in profit on Wednesday.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖