TATA MOTORS

fell as much as 5.2% on Monday, hitting Rs 674.70 on the BSE, after its UK-based subsidiary Jaguar Land Rover (JLR) signaled a weaker financial outlook for the current fiscal year, sparking concerns among investors. The premium carmaker expects its EBIT margin for FY26 to range between 5% and 7%, significantly lower than the 8.5% margin reported in the previous fiscal. The company also projected free cash flow to be "close to zero" this year, compared to the robust £1.5 billion it generated last year.