Tata Motors PV Share Price Live Updates: Stock may react to Q2 loss, JLR guidance cut
Tata Motors PV Share Price Live Updates: Shares of Tata Motors Passenger Vehicles Ltd. (TMPVL) will be in focus on Monday, November 17, as the company will be reacting to its September quarter results that were reported after market hours on Friday. The highlight of TMPVL’s quarterly result, the first after its demerger, was the cut to Jaguar Land Rover (JLR), its luxury car unit’s EBIT margin guidance to just 0% to 2% from 5% to 7% earlier. From near zero, JLR now sees negative free cash flow of up to £2.5 billion. Watch this space for all the live updates.
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