Tata Motors hits 52-week high
Tata Motors hits 52-week high ahead of Q4 results; soars 32% so far in CY23
Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV).
Tata Motors is expected to report a healthy performance in Q4FY23 primarily tracking a recovery in wholesale volumes at Jaguar Land Rover (JLR). Total sales volume at Indian operations was at 2.52 lakh units, up 10.4 per cent quarter-on-quarter (QoQ) with JLR sales volume (including China JV) anticipated at 1.08 lakh units, up 16.6 per cent QoQ.
Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV).
Tata Motors is expected to report a healthy performance in Q4FY23 primarily tracking a recovery in wholesale volumes at Jaguar Land Rover (JLR). Total sales volume at Indian operations was at 2.52 lakh units, up 10.4 per cent quarter-on-quarter (QoQ) with JLR sales volume (including China JV) anticipated at 1.08 lakh units, up 16.6 per cent QoQ.
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