Tata Motors Q2 Results

The stock gained 4% at Rs 180 in the intra-day trade on Thursday and was trading at its highest level since May 29, 2019.

Net loss at the consolidated entity narrowed to Rs 216.6 crore in the three months to September, from Rs 1,048.8 crore in the same period a year before.

Consolidated revenue stood at Rs 65,432 crore versus Rs 77,981 crore a year ago

The auto major is expected to post subdued numbers for the quarter under review as as tough business conditions prevailed in all key geographies and market segments.

Strong Sept quarter on back of higher sales growth at JLR, too