Tata Motors back in top gear with improving cash flows and rising sales volume https://ift.tt/Zk1stoq Motors' stock rose by nearly 3% after a strong performance in the March 2023 quarter, thanks to the continuing growth in Jaguar Land Rover (JLR) volume, higher revenue visibility in the domestic electric vehicle segment, and reduced debt burden. JLR's EBITDA margin increased to 14.6% and saw a 19% growth in volume reaching 95,000 units in Q3.
Monday, May 15, 2023
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