Archive · 19 Jun 2025
Nuvama Downgrades Hindustan Zinc, Tata Motors, and Coal India Stocks
A financial company called Nuvama thinks some big companies' stock prices might go down.
They said that Hindustan Zinc's stock could drop a lot.
Nuvama also thinks Tata Motors might make less money, because of issues overseas, and Coal India might have problems with its sales, and this could hurt their earnings.
Essentially, Nuvama is suggesting to sell these stocks.
Nuvama has 'Reduce' calls on Hindustan Zinc, Tata Motors, and Coal India.
Hindustan Zinc faces a 17% downside potential according to Nuvama.
Tata Motors' revenue and margins may decline in FY26 due to geopolitical issues and China demand.
Coal India's earnings are under pressure from lack of volume growth and decreased e-auction prices.
Nuvama's Coal India target price was slashed due to lower volume and higher costs.
- Who
- Nuvama Institutional Equities and the listed companies: Hindustan Zinc, Tata Motors, and Coal India.
- What
- Nuvama Institutional Equities issued 'Reduce' ratings for Hindustan Zinc, Tata Motors, and Coal India.
- When
- Nuvama's analysis concerns future financial performance, specifically FY26.
- Where
- Not explicitly stated, but concerns the market performance of listed companies.
- Why
- Due to factors including expensive valuation, revenue and margin decline and lower volume and higher costs.
Nuvama's Perspective
Market Reaction
Valuation
Nuvama's Perspective
Hindustan Zinc is trading expensively and the stock price may decrease.
Market Reaction
Market consensus and company strategies may differ.
Revenue and Margins
Nuvama's Perspective
Tata Motors' revenue and margins are expected to decline in FY26.
Market Reaction
Company projections and actual performance may vary.
Earnings Performance
Nuvama's Perspective
Coal India faces earnings pressure due to volume dips and increased costs.
Market Reaction
Other analysts' outlook and market conditions could differ.
- Hindustan Zinc Downside Potential
- 17%
- Hindustan Zinc Valuation
- 10.2x enterprise value to EBITDA for FY27
- Tata Motors Revenue Forecast (FY26)
- Decrease to £28 billion
- Tata Motors EBIT Margin Forecast (FY26)
- 5-7%
- Coal India Target Price
- Rs 367
- Coal India Downside
- 9%
