Tata Motors shares dropped over 5.5%, reaching an intra-day low of Rs 976 on the NSE after global brokerage UBS issued a ‘Sell’ recommendation. UBS set a price target of Rs 825 per share, indicating a potential 20% downside from Tuesday’s closing price.
Read More: Tata Motors shares plunge over 5% after UBS maintains Sell with target of Rs 825