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Tata Motors hits 5-month high; zooms 42% in four days on strong 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.

Tata Motors hits 5-month high; zooms 42% in four days on strong Q2 results
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SI Reporter Mumbai
Shares of Tata Motors hit a five-month high of Rs 180, up 4 per cent on the BSE on Thursday, zooming 42 per cent in the past four days, after it delivered a better-than-expected September quarter (Q2FY20) earnings show, with improvement in the operational performance at Jaguar Land Rover (JLR), its Britain-based luxury vehicle arm. The stock of the Tata Group's company was trading at its highest level since May 29, 2019.

In Q2FY20, Tata Motors’s consolidated net loss narrowed to Rs 217 crore, from Rs 1,049 crore reported in the year-ago period, while net revenue dropped nine per cent to

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First Published: Oct 31 2019 | 1:11 PM IST

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