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In the past three months, the stock has tanked 36 per cent, as compared to a 4 per cent decline in the Sensex.
This is its fourth loss in five quarters, with sales volume down 21 per cent over the year-ago period
The company's flagship arm Jaguar Land Rover reported a pre-tax loss of £395 million, compared to £264 million loss in the same period a year ago
The stock has underperformed the market in the last three months, by falling 38 per cent from its recent high of Rs 236 on April 18, 2019.
Market participants should focus on the current demand trends for JLR and outlook for key markets, update on cost-cutting initiatives at JLR, and demand trend in domestic markets
Tata Motors Q1 total revenue from operations stood at Rs 671 bn