Tata Motors PV Shares Slide on Weak Q2 and JLR Shock
TATAMOTORS Tata Motors Passenger Vehicles fell nearly 4.5% (at the time of posting) after weak Q2 results, driven by major losses at Jaguar Land Rover, a steep margin guidance cut, and cyberattack-related disruptions. JLR’s profitability collapsed, dragging TMPV into losses despite revenue growth. Brokerages remained cautious, with views split on recovery amid continued production and margin pressures.
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