 "The condition for Tata Motors-owned JLR is also alarming as the British subsidiary has already lost one billion pounds in the first six months of calendar 2020")
Shares of Tata Motors dipped 4.5 per cent to Rs 393.70 on the BSE in Monday's intra-day trade after the company reported a lower-than-expected Jaguar Land Rover (JLR) wholesale volume growth of 4 per cent quarter-on-quarter, at 75,307 units (excluding China JV) for the September quarter. However, retail sales of JLR for Q2FY23 were 88,121, up 12 per cent QoQ, driven by an uptick in China, North America, and RoW markets.
Tata Motors said this improvement was lower than planned, primarily due to a lower than expected supply of specialised chips from one supplier which could not be readily
Tata Motors said this improvement was lower than planned, primarily due to a lower than expected supply of specialised chips from one supplier which could not be readily
