India's Tata Motors Passenger Vehicles falls on persistent margin, demand concerns at JLR
India's Tata Motors Passenger Vehicles falls on persistent margin, demand concerns at JLR Aug 14 (Reuters) - Shares of Tata Motors Passenger Vehicles TAMO.NS fell 4.8% to 332.1 rupees on Friday after the company's luxury unit, Jaguar Land Rover, reported lower quarterly volumes and high margin pressure, driving an 80% drop in quarterly net profit and weighing on investor sentiment.
(Reporting by Saikeerthi in Bengaluru; Editing by Harikrishnan Nair)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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