NYSE:TTM - New York Stock Exchange, Inc. - US8765685024 - ADR - Currency: USD
Easing inflation at home and abroad bolstered rate-cut hopes, lifting the benchmark indices following Tuesday’s profit-booking.
Mentions: GRSE
Tata Motors stock declined despite a steady performance in Q4. Analysts cite a lack of near-term growth catalysts and short-term technical resistance as key reasons for the pullback, but maintain bullish medium-term views.
(Reuters) -India's Tata Motors said on Tuesday it was reevaluating its annual profitability target for luxury car brand Jaguar Land Rover (JLR), joining automakers worldwide that have flagged forecast uncertainty due to U.S. tariff changes. Imported cars have been a main focus of U.S. President Donald Trump's global trade war. Trump last month imposed a 25% tariff on all foreign-made vehicles sold in the world's second-largest car market.
Tata Motors Ltd. reported profit that beat expectations last quarter, a performance that masks the looming pain in the form of tariff-related uncertainties for the carmaker’s premium Jaguar Land Rover unit.
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
Tata Steel Ltd. reported a 112% increase in fourth-quarter profit, helped by higher product sales and lower costs.
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
As the electric vehicle manufacturer is finalizing plans to launch operations in the third-largest car market in the world, Prashanth Menon, the Country Head for India for Tesla Inc. (NASDAQ:TSLA), has reportedly resigned after nine years with the CEO Elon Musk-led company. What Happened: Menon, who oversaw operations in India as Chairman of Tesla India Motors and Energy Pvt. for more than four years, was instrumental in the company’s establishment of a local office in Pune in 2021 and the purch
US removes tariffs entirely on aluminum and steel imports from the UK. Tata Steel and Rio Tinto stand to benefit from the US-UK trade deal.
A US deal to drop car tariffs from 25 to 10 percent could bolster UK luxury car sales—but only for the first 100,000 vehicles. This is particularly welcome news for Jaguar Land Rover.
Tata Motors shares jump 8.7% in two days on hopes from India-UK FTA and US-UK trade deal; analysts see upside from JLR benefits and business demerger.
British-made luxury vehicles to benefit from reduced Indian import duties..
Jaguar Land Rover has restarted shipments of vehicles to the U.S. after pausing them in the face of tariffs, London's Times newspaper reported on Saturday.
The company has been proclaimed as the lowest bidder for two infrastructure projects in Maharashtra and Arunachal Pradesh.
When Apple reports fiscal Q2 results next Thursday, Wall Street will be looking to gauge the impact of the Trump tariffs on its business.
Mentions: AAPL