Tata Motors soars 8% as JLR cost cut, premium push ease margin worries
15/05/2026 04:54
May 15 (Reuters) - Shares of Tata Motors Passenger Vehicles TAMO.NS surged as much as 8.3%, as investors looked past margin pressures stemming from the Middle East, as Jaguar Land Rover, its largest revenue contributor, said it is working to cut costs and roll out more premium models to safeguard margins. (Reporting by Urvi Dugar in Bengaluru; Editing by Rashmi Aich) ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
Recent news on Tata Motors
See all newsAlternative-fuel vehicles hit record market share in June after Iran war (updated)
India's retail car sales jump nearly 29% in June
Brief: India Autodealers Body FADA Says June Overall Auto Retail Sales Rose 21.83% Y/Y
Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrest (updated)
Brief: Tata Motors Passenger Vehicles Says JLR Q1 Fy27 Wholesales 79,300 Units, Down 9.2% Year-On-Year