Tata Motors Stock Gains Over 3% – Key Highlights

• Stock Surge: Tata Motors shares rose over 3% on Wednesday after positive remarks from the CFO.
• CFO’s Key Insights:
  • Jaguar Land Rover (JLR) is on track to achieve 8.5% EBIT margin in Q4.
  • Aims to become net debt-free by the end of the financial year.
  • US market is performing well, while JLR is seeing strong growth in China.
  • EU demand is better than expected, and the UK market is improving.
• Business Strategy Updates:
  • JLR & Commercial Vehicles (CV) premiumisation efforts are progressing well.
  • Passenger Vehicle (PV) segment needs further improvements.
  • Small CV segment focus: Targeting market share retention.

Stay tuned for more updates on Tata Motors’ growth outlook!