CLSA Rating Downgrade Makes Tata Motors Share Prices Fall Drastically By 5.36% At Closing

4th April, 2025 / 3:30 PM

CLSA has recently downgraded Tata Motors shares while cutting its price targets. This has clearly impacted the stock prices sharply, with the closing figure of ₹615.10 being a whopping 5.36% lower than the opening price of ₹650 today. This is a continuation of the trend today, where the opening price was also lower than yesterday’s closing price (3rd April) of ₹655.55 by 0.67%. At the same time, the prices touched ₹615.25, which was 5.34% lower than the opening price, after touching ₹616.76 and then consistently plunging downwards.

4th April, 2025 / 12:30 PM

Tata Motors share prices witnessed a huge slump by midday, touching ₹615.25, marking a decline of 5.34% from the opening price of ₹650 today. This is an extreme continuation of the opening trends today, when it opened 0.84% lower than the closing price of ₹655.55 yesterday. The company has been in the news for the probable impact of reciprocal tariffs imposed by U.S. President Donald Trump and also the downgrading of its share ratings by CLSA, which also cut its price targets.

The lowest point today was ₹616.76 before it plunged further to the midday figure, and the stock has mostly been trading downward throughout the day. Will it be a steep plunge from here on, or will the stock recover? That’s the million-dollar question for investors now.

4th April, 2025 / 9:30 AM

Tata Motors share prices have plunged sharply by 0.84% to open at ₹650, in comparison to the closing price of ₹655.55 yesterday. In fact, even the latter was 0.67% lower than the opening price of ₹660 for 3rd April. The latest dip comes amidst news of CLSA downgrading its share ratings and cutting price targets, in a development that may impact prices even further down the road. Yesterday’s investor reactions were mainly attributed to the kicking-in of reciprocal tariffs for car imports in the U.S. and today is the second straight day when the stock has opened below the closing price. 

Tata Motors' opening price on 3rd April was 1.81% lower than 2nd April’s closing price of ₹672.20. However, 1st April had a different trend when the stock opened higher than the closing prices on 28th March. It remains to be seen how the stock holds up by midday.

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