India's Tata Motors hits 14-month low as Q3 results spark demand concerns for JLR
(Reuters) -Indian carmaker Tata Motors' shares plummeted about 9% to a 14-month low on Thursday, after its third-quarter results set off growth and margin concerns for its luxury Jaguar Land Rover (JLR) segment.
Tata Motors Shares Slip Over 9% After Weak Q3 Performance; Analysts Cut Targets
Passenger vehicle (PV) revenues also fell by 4.3 per cent, but EBITDA margins improved by 120 basis points to 7.8 per cent, driven by cost controls and the PLI incentive
Tata Motors share price declines 8% post Q3 results. Should you Buy, sell or hold the stock?
Tata Motors share price declined 8% in the morning trades on Thursday , post Q3 results that were declared after the market hours on Wednesday. Should you Buy, Sell or Hold the stock?
India's Tata Motors Q3 profit slumps on weak JLR income
India's Tata Motors reported a 22% drop in third-quarter profit on Wednesday, significantly missing analyst estimates, hurt by weak performance at its Jaguar Land Rover (JLR) and domestic car businesses.
Tata Motors eyes global JLR demand amid caution over China market
JLR’s import business has performed relatively better than the overall market, with a nominal decline of 5% in the premium segment, compared to a 14% overall decline in the industry, stated PB Balaji,
Tata Motors shares skid 9% as weak Q3, JLR slowdown sparks concerns
Tata Motors' Q3 performance struggled under margin pressure and weak earnings, impacted by a demand slowdown, especially in China, prompting brokerages to trim price targets to as low as Rs 660.
Tata Motors misses profit estimates as India car sales slow, JLR drags
Indian carmaker Tata Motors reported third-quarter profit below market expectations on Wednesday, weighed down by weakness in its luxury Jaguar Land Rover (JLR) business and as car sales slowed down at home.
Tata Motors Q3 Review: Target Price Cut By Analysts Amid Concerns Over JLR Performance
However, an unexpected margin surprise in Tata Motors' electric vehicle business has partially offset these concerns.
Tata Motors Q3 profit slides 23% to ₹5,451 crore; JLR posts record revenue with highest EBIT margin
Tata Motors Ltd on Wednesday (January 29) reported a 22.5% year-on-year (YoY) decline in net profit at ₹5,451 crore for the third quarter that ended on December 31, 2024. In the corresponding quarter of the previous fiscal,
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Tata Motors CFO expects $800 mn from PLI over next 5 years
Battery cell prices have stabilised and from here on they will gradually start inching up, says Tata Motors CFO PB Balaji.
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Tata Motors Stock Slumps 9% On Q3 Earnings; JLR Shows Lacklustre Demand
The stock price of Tata Motors plunged 9 per cent in the Thursday trading session after the automaker disclosed disappointing ...
Tata Motors net falls 22 per cent in Q3 amid weak margins and tepid volumes at Jaguar Land Rover
Company posted a net profit of Rs 5,451 crore against Rs 7,025 crore a year ago, analysts were expecting the firm to post ...