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Friday, October 11, 2024
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HomeBusinessIndia's Tata Motors jumps 6% on first quarterly profit in 2 years

India’s Tata Motors jumps 6% on first quarterly profit in 2 years

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BENGALURU (Reuters) – Shares of Indian Tata Motors Ltd rose as much as 6% on Monday after the carmaker reported its first quarterly profit in two years on the back of strong demand and as its luxury car unit, Jaguar Land Rover (JLR), turned profitable.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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