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Here's what brokerages expect from Tata Motors' Q4FY20 results today

At the bourses, Tata Motors plunged 61.48 per cent in Q4FY20 as compared to Nifty's 29.4 per cent fall in the same period

Tata Motors Q4 preview | Tata Motors | Markets

Chirinjibi Thapa  |  New Delhi 

Brokerages slashed price targets on Tata Motors after the company reported biggest loss in India’s corporate history. The consensus 12-month price target for the stock is down to Rs 215 from Rs 252 earlier this month. Some brokerages have cut the tar
Kotak Securities sees Tata Motor's consolidated revenue falling 28.5 per cent YoY

is all set to announce its March quarter (Q4FY20) on Monday and analysts expect the company's revenue to decline over 25 per cent on a year-on-year basis, led by fall in overall volumes, while the loss for the quarter may come in at anything between Rs 2,600 crore to Rs 3,300 crore.

At the bourses, plunged 61.48 per cent in Q4FY20 as compared to Nifty's 29.4 per cent fall in the same period, ACE Equity data show. Meanwhile, the Nifty Auto index declined 42.3 per cent.



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First Published: Mon, June 15 2020. 07:44 IST