ResultsMint
JLR cuts margin, revenue guidance as restructuring weighs on Tata Motors
Negative-100
GreyOak summary
JLR lowered its FY27 adjusted operating profit margin forecast to 2-3% and reduced revenue guidance due to restructuring costs and job cuts. Tata Motors PV shares declined 22% this year, outperforming the Nifty Auto sector's 1.93% fall.
What it affects
- Tata MotorsTMCVNegative -100
Shares fell 22% due to JLR losses.Rolling sentiment Neutral -14
Source
Read the original at MintMore Tata Motors news
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