Jaguar Watch 2021 Exterior And Interior.
Jun 8, 2021
Investors will be befitting a abutting watch on Tata Motors allotment amount this anniversary as the company’s administration began its five-day-long affair with investors beyond the world.
In an barter filing, Tata Motors said it would be captivation affairs with investors such as Rakesh Jhunjhunwala’s Rare Enterprises, Blackrock Investment, Abu Dhabi Advance Authority, Franklin Templeton Investments, JP Morgan Asset Management, and others.
Stock of the aggregation rose 5% bygone column the announcement. Today, Tata Motors concluded the day up by 3%.
The affair with covering investors comes afterwards the aggregation acquaint poor balance for the March quarter.
Last month, the auto above appear a abruptness circumscribed net accident of Rs 76.1 bn for the division concluded March 2021, mainly on anniversary of asset address downs in accessory Jaguar Land Rover (JLR).
Tata Motors, which owns JLR, has incurred banknote address downs on assets account Rs 96.1 bn. This is afar from the restructuring costs of Rs 53.9 bn. In total, the aberrant accident accompanying to JLR stood at about Rs 150 bn.
Post its earnings, Tata Motors had said that it expects near-term challenges in both the businesses due to semi-conductor shortages and the advancing additional wave.
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