INSUBCONTINENT EXCLUSIVE:
was up 1.57 per cent at Rs 191 at around 9.50 am, while the BSE Sensex was down 174 points, or 0.42 per cent, at 41,024 around the same
time.
The company is likely to report a decent set of numbers
According to ICICI Securities, Tata Motors is likely to register the highest EBITDA growth of 13.5 per cent YoY driven by improved JLR
The brokerage house believes that the auto major may report a consolidated net profit of Rs 486.90 crore in Q3FY20 over a loss of Rs
On an operational basis, we expect JLR to report a profit of GBP 194mn
The standalone business of Tata Motors is expected to witness a topline decline of around 29 per cent YoY and is likely to post EBITDA
Reliance Securities showed that the standalone volume fell by 25 per cent YoY, while JLR volume is expected to grow by 2 per cent YoY
would drive overall consolidated profitability