 "JLR's UK and Europe sales dropped 12 per cent and 5.3 per cent, respectively, in 2017-18, against a year ago")
Shares of Tata Motors dropped 3 per cent to Rs 146 in the morning deals on Thursday, extending its previous day’s 3 per cent decline on the BSE, ahead of April-June quarter (Q1FY20) earnings due later in the day. The stock of commercial vehicles major was trading close to its 52-week low of Rs 142 hit on February 8, 2019 in intra-day trade.
Analysts expect the decrease in volume across all segments to impact both the company's revenue and bottom-line. They see a 28-30 per cent year-on-year (y-o-y) fall in net profit and 13-16 per cent dip in revenue
Analysts expect the decrease in volume across all segments to impact both the company's revenue and bottom-line. They see a 28-30 per cent year-on-year (y-o-y) fall in net profit and 13-16 per cent dip in revenue
