Report
Richard Hilgert
EUR 100.00 For Business Accounts Only

Tata Motors Reports 3Q Fiscal 2019 Losses on JLR Poor Performance; INR 580 FVE Unchanged

Narrow-moat Tata Motors, which is India's largest commercial truck producer and owns the Jaguar and Land Rover luxury, or JLR, brands, reported fiscal third-quarter 2019 ended Dec. 31 diluted losses per ordinary share of INR 79.49, but excluding special items that included an INR 27,838 crores JLR impairment charge, losses per share were INR 3.78. JLR performance continues to disappoint. Tata Motors Ltd. stand-alone, or TML, performance significantly improved, partially offsetting weak JLR resul...
Underlying
Tata Motors Limited Sponsored ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Richard Hilgert

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