Bengaluru, June 6 -- JP Morgan has slashed its target price by 41 percent, as it expects certain headwinds in its business, which are set to hit Tata Motors really hard. In this article, we will discuss the viewpoints of the global brokerage on Tata Motors.

With a market capitalization of Rs 2,59,893 crores, the shares of Tata Motors Ltd are currently trading at Rs 706 per share, down by 40 percent from its 52-week high of Rs 1,179.05 per share. Over the past five years, the stock has delivered an impressive return of 544 percent.

The global brokerage has earlier set a target price of Rs 1,250 per share, which is now changed to Rs 740 per share, which is a reduction of 41 percent. JPMorgan has pointed to new challenges for Tata Motors, ...