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 trade on Thursday following the automaker’s Q3 results wherein it reported a double-digit fall in profit.
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 plunge 9% after significant price target downgrade
Tata Motors reported a 22% decline in net profit for the December quarter at ₹5,451 crore. However, the company's revenues increased marginally by 2.7% to ₹1.13 lakh crore.
Explained: Why Tata Motors share price fell 9% today
The stock hit the day's low of Rs 684.25. Jefferies downgraded Tata Motors from 'buy' to 'underperform'. The firm also reduced its price target to Rs 660 from Rs 930.
Tata stock rallies 5.5% after Q3 results; should you BUY?
Tata Consumer Products is a Tata Group company. The Tata stock rallied more than 5 per cent despite reporting a decline in profit in Q3 results. Jefferies has maintained BUY rating on the Tata stock.
Tata Motors Downgraded: Should Investors Still Bet on It?
Tata Motors reported a 16% YoY decline in Q3 EBITDA, falling 19% short of estimates. The primary drag was JLR, which, despite a 3% YoY rise in wholesales, saw its EBITDA margin sh
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Tata Motors Share Price Highlights : Tata Motors closed today at ₹697, down -7.37% from yesterday's ₹752.45
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Tata Motors slides 8% intraday; Here are 4 reasons why brokerages are cautious
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