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From a lifetime high to a 35% crash, four factors weighing on Tata Motors’ stock

From a lifetime high to a 35% crash, four factors weighing on Tata Motors’ stock
From a lifetime high to a 35% crash, four factors weighing on Tata Motors’ stock
Image credit: company

Synopsis

Tata Motors has witnessed the steepest fall among the 15 automobile stocks on Nifty Auto and JLR is just one of its many worries.

Not too long ago, it was one of the best-performing stocks on Dalal Street. But a few speed bumps did what they were supposed to do. In March 2020, the stock price of Tata Motors was trading at INR64. But things looked up by July 2024 and the stock rose to a lifetime high of INR1,179. Then the winter came calling (no pun intended). On December 16, the stock crashed to INR787, a 35.44% drop from its peak. This is the steepest fall among the 15
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The Economic Times
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