Asian stocks to lead the way to year's end, Fed seen pulling back - Reuters Poll. Full Article
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
India's Tata Motors shares fall as Q3 earnings drop
MUMBAI Feb 15 (Reuters) - India's Tata Motors shares fell as much as 3.1 percent a day after its October-December earnings fell 52 percent to $303 million.
Tata Motors posted its first drop in profit in five quarters as its Jaguar Land Rover (JLR) business faced higher spending and a drop in operating margin after 18 months of soaring profit.
Tata Motors ADR also fell 4.9 percent to $27.25 on Thursday. (Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi email@example.com)
- Tweet this
- Share this
- Digg this