Substitute has lower performance (Tata Motors)

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A lower performance product means a customer is less likely to switch from Tata Motors to another product or service. … "Substitute has lower performance (Tata Motors)" has a significant impact, so an analyst should put more weight into it. This qualitative factor will lead to a decrease in costs. "Substitute has lower performance (Tata Motors)" will have a long-term negative impact on this entity, which subtracts from the entity's value.

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