of the Auto major TataMotors Ltd declined over 5pc after the company on Monday
announced tepid earning numbers. In the
Nifty Auto index, Tata Motors were the top index loser by 5.05pc loss in the
auto index which was at 8,316 levels
auto major on Monday reported about 47pc year-on-year decline in profit at Rs1117.48crore
for the quarter ended March 31. The Company had posted a net profit of Rs2125.24crore
in the equivalent quarter last year, while made a significant loss of Rs26,993crore
in the Dec-2018 quarter on account of impairment charges of its JLR.
mid-morning session, shares of Tata Motors Ltd were trading at Rs180.40, down
by Rs.9.75 or 5.13pc from its previous closing of Rs.190.15 on the NSE. The stock
opened at Rs185.25 and has touched a high of Rs186.90 and low Rs179.30 each.
In comparison, the Nifty quoted at 11832.90 up 4.65pooints and the Sensex at 39.407.96 up 54.29 points at 10.55am.
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