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    QONEQT in India

    06 Mar 12:49 PM


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    Tata Motors surges on demerger, IIFL dives 20%

    Tata Motors stock price rallied 7% after announcing demerger; profit-taking occurred. IIFL Finances stock price crashed 20% due to RBI banning gold loans. Analysts reactions mixed. Tata Motors confident in standalone basis; value discovery expected. Positives fully priced in.