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Tata Motors' sales drop leads to stock hitting a 52-week low amid weak demand for Jaguar Land Rover.
Tata Motors reported a 9% drop in February domestic sales, leading to a 2.3% fall in its share price, reaching a 52-week low.
The company's stock has lost 42% in the past six months due to weak demand for its luxury brand, Jaguar Land Rover, especially in China and the UK.
Despite the downturn, some analysts see long-term value, with CLSA setting a target price of Rs 930, while others advise caution.
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La caída de ventas de Tata Motors lleva a que las acciones alcancen un bajo nivel de 52 semanas en medio de la débil demanda de Jaguar Land Rover.