Nomura also expects Tata Motors to transition from a net debt position of Rs 22,000 crore in Q2 to achieving net cash of Rs 86 per share by FY27. The stock is currently trading at 4.2x FY27 EV/EBITDA, ...
Car dealers. Volkswagen ones, to be specific. VW's existing dealers are largely furious about getting cut out of Scout Motors, which itself is owned by the Volkswagen Group. Scorned dealers have noted ...