Tata Motors falls after JLR's oper margin disappoints

Shares in Tata Motors Ltd fell as much as 4.1 percent in early morning trade after operating margin at its unit Jaguar Land Rover Ltd (JLR) lagged some analyst estimates for the March quarter.

JLR's Jan-March operating margins fell to 17.2 percent from 17.9 percent in the same quarter last year, according to Reuters calculations from company data.

EDITORIAL OF THE DAY

  • Reserve Bank must be commended for holding policy rate

    The Reserve Bank of India has been prudent in retaining repo rate at 7.25 per cent.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Roopen Roy

Smart idea? Tweak and implement

India is at the cusp of a startup boom. We ...

Rajgopal Nidamboor

Be mindful and you can beat the odds

It is as obvious as apparent can be. When our ...

Dharmendra Khandal

Go spot a gecko

Iam sure you must have read about how a lizard ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture