Tata Motors (TTM) gains 3.7% premarket as the recent swoon in its share price begins to look...

|About: Tata Motors Limited (TTM)|By:, SA News Editor

Tata Motors (TTM) gains 3.7% premarket as the recent swoon in its share price begins to look overdone to investors following the carmaker's slumping sales and the resignation of its CEO. Jefferies chimed in with a Buy rating, saying the stock is priced in for a recession and Tata's balance sheet is well-positioned.