1. Easing of US-China trade war;
  2. Better than expected performance in JLR with global growth recovering. Currently the street is building in very conservative estimates;
  3. Revival in MHCV demand, typically the first one to recover when growth recovers and mgmt is indicating pick up in enquiries and retail demand.
  4. Most importantly Tata Sons has recently infused INR65bn into the company to increase its stake from 35.3% to 43.73%!

Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.

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