Tata Motors slips despite rating agencies maintaining or raising automaker and JLR's long-term rating
CRISIL Ratings has raised the automaker's long-term rating to AA+/Stable from AA/Positive. ICRA Ratings, on the other hand, has maintained its long-term rating for the large-cap firm at AA+/Stable from AA/Stable. S&P Global Ratings has raised long-term ratings of Tata Motors and TML Holdings to BB+/Positive from BB+/Watch Positive. S&P Global Ratings has also raised Jaguar Land Rover rating to BB/Watch Positive from BB/Positive.
![Tata Motors slips despite rating agencies maintaining or raising automaker and JLR's long-term rating](https://cdn.zeebiz.com/sites/default/files/2024/06/14/299441-tata-motors-1-take.jpg?im=FitAndFill=(1200,900))
Tata Motors shares that started the session on Friday at Rs 991.00 each were trading flat at 10:03 am. Photo: File