Tata Motors’ Q4FY23 earnings report showed a net profit of Rs 5,407.8 crore compared to a loss of Rs 1,032 crore in Q4FY22, which led to a rise of over 4% in the company’s shares. Top brokerages including Jefferies, Nuvama, Emkay, and Prabhudas Lilladher have a ‘Buy’ recommendation on the counter.
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