April 1, 2019 / 6:36 AM / 25 days ago

BUZZ-India's Tata Motors rises; JLR confirms expectations of better Q4 results

** Automaker Tata Motors Ltd’s shares rise as much as 6.3 pct to 185.2 rupees, in their biggest intraday pct gain since March 5

** Co’s British luxury car unit Jaguar Land Rover (JLR) on Friday reaffirmed expectations of a financially better fourth quarter

** JLR said it continued to execute turnaround strategy to deliver 2.5 bln euros ($2.81 bln) of cash flow improvements by March 2020

** More than 19.8 mln shares change hands, 1.1 times the 30-day moving avg

** Stock posts its highest since March 12

** 15 of the 37 analysts covering the stock have “buy” or higher ratings, 18 “hold” and 4 “sell” or lower; median PT 192 rupees - Thomson Reuters data

** Up to Friday’s close, stock had declined 46.7 pct this year ($1 = 0.8902 euros)

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