Tuesday, 21 May 2019

Tata Motors Slips 3% On Dismal Q4 Numbers; CLSA Maintains Sell

Shares of Tata Motors declined 3.6 percent in the early trade on May 21 after company reported weak set of numbers for the quarter ended March 2019.

The company has reported a 49 percent fall in its consolidated net profit at Rs 1,108 crore. The company had reported a profit of Rs 2,175 crore in a year ago period.

Revenue of the company declined to Rs 86,422 crore against Rs 89,928.97.

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