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For Tata Motors, JLR Sales A Respite Amid India Struggles
JLR shipped more cars, but fewer were registered in October-December 2024 as supply disruptions eased.
09 Jan 2025, 02:06 PM IST 
Tata Motors has seen a weakness in its India business over the past six months. (Photo Courtesy: Vijay Sartape/NDTV Profit)
That Jaguar Land Rover has reported strong sales in the third quarter of the ongoing financial year should come as a respite to Tata Motors Ltd. amid dwindling demand at home, analysts tracking the stock have said.“We now expect JLR to report 9% EBIT margin vs 8.1% earlier, factoring in better operating margin and mix,” BofA Securities analysts Gunjan Prithyani and Eshan Bhargava said in a Jan. 8 note. “Beyond JLR, trends in India ha...
