Tata Motors in spotlight: Analysts list out 3 big concerns now

Tata Motors’ Q1 earnings decline prompts cautious ratings from Nuvama and Motilal Oswal. Nuvama reduces target price and maintains ‘Reduce’ rating, citing weak volumes and earnings for JLR and India PV business. Motilal Oswal maintains ‘Neutral’ rating, citing risks for JLR and demand moderation in CV and PV segments in India. Share price also declines.