UBS Securities Sees 20% Downside In Tata Motors. Gaurang Shah Still Bullish On The Stock

Tata Motors shares fell nearly 5% on Wednesday, September 11, following UBS Securities' decision to retain its 'sell' rating on the stock. UBS highlighted potential risks in the domestic passenger vehicle segment. UBS sees a downside potential of over 20% from the previous close with a price target of ₹825. Concerns over rising inventories and a weak growth outlook are also weighing on the stock. Despite this, Geojit Financial's Gaurang Shah remains committed to holding Tata Motors shares. Watch the full video for expert insights.