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Tata Motors Limited (TTM)

NYSE - Nasdaq Real Time Price. Currency in USD
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25.14+0.26 (+1.05%)
At close: 04:00PM EST
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  • Reuters

    India's Tata Motors surges 8% on first quarterly profit in 2 years

    BENGALURU (Reuters) -Shares of Tata Motors Ltd, India's No.3 carmaker by volume, rose as much as 8.2% to a more-than-four-month high on Friday after the company reported its first quarterly profit in two years. Tata Motors swung to a surprise profit of 29.58 billion rupees in the October-December quarter, from a loss of 15.16 billion rupees a year before. Improving semiconductor supplies and rising demand helped Tata Motors' luxury car unit, Jaguar Land Rover (JLR), turn profitable.

  • The Telegraph

    Jaguar Land Rover back in profit as sales of new Range Rover hit £900m

    Jaguar Land Rover has posted its first profit for two years after bumper sales of its newest Range Rover.

  • Reuters

    UPDATE 2-Tata Motors returns to profit on Jaguar Land Rover bounce

    Indian carmaker Tata Motors beat analysts' expectations to post a profit for the first time in two years as improving semiconductor chip supplies and rising demand helped its luxury car unit Jaguar Land Rover (JLR) turn profitable. Like others in the sector, Tata Motors and JLR have been struggling to navigate supply chain disruptions and shortages of critical semiconductor components since the onset of the coronavirus pandemic. The situation has improved in India where carmakers are benefiting from strong demand, easing commodity costs and a slew of price hikes to make up for price inflation.