Clsa downgrades Tata Motors to underperform
CLSA downgraded India's Tata Motors to `` underperform'' from ``outperform'' on Friday, a day after the automaker posted roughly flat profit in its fiscal first quarter that lagged estimates.
CLSA has downgraded Sintex Industries to under perform from outperform and has cut target price to 68 rupees from 135 rupees.