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Tata Motors At Lowest In A Decade As Virus Stalls JLR’s Nascent Recovery
Shares of Tata Motors have tumbled more than 55 percent to their lowest in more than a decade since their January peak.
13 Mar 2020, 07:53 AM IST
Among Indian companies that have seen the worst disruption from the coronavirus outbreak is Tata Motors Ltd.Shares of Tata Motors have tumbled more than 55 percent to their lowest in more than a decade since their January peak. That came after Jaguar Land Rover, Indian automaker’s British arm that accounts for 73 percent of its consolidated sales, saw its China-backed recovery stall.Tata Motors had surpassed estimates in the previous...
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