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News 2026-09-21 04:07 UTC

Tata Capital slips as brokerages flag margin pressure

Shares of India's Tata Capital slipped 0.91% to 348.25 rupees after brokerages flagged near-term pressure on margins due to rising funding costs, while maintaining the lender's growth outlook. JPMorgan kept an 'overweight' rating and price target of 395 rupees, noting the company retains its 23%-25% growth guidance. Ax