MUMBAI : Tata Motors Ltd results for the quarter ending March are not bad to start with. Strong operational performance in the standalone business and broadly resilient show at Jaguar Land Rover (JLR) supported Tata Motors’ Ebitda last quarter. Even so, shares of Tata Motors fell by about 5% in early trading deals on Wednesday on the National Stock Exchange. To be sure, many analysts are upbeat on Tata Motors’ prospects from a medium-term perspective. As things stand, Tata Motors’ shares are about 10% lower than its 52-week high seen in March 2021.

Source: Mint May 19, 2021 05:43 UTC