Tata Motors shares surge 4.5% after strong Q2 profit
Strong performance expected to continue on faster ramp-up in volumes in H2 vs H1 and guidance upgrade at JLR being higher than expected
Strong performance expected to continue on faster ramp-up in volumes in H2 vs H1 and guidance upgrade at JLR being higher than expected
Revenues of Tata Motors' subsidiary JLR improved by 30.4% to 6.9 billion pounds.
Tata Motors' revenue surged 29.7% to ₹79,600 cr against ₹61,378.82 cr in year-ago period; to delist its ADS from NYSE after January 2023, terminate ADS program.