Tata Motors soars 8% as JLR cost cut, premium push ease margin worries

Tata Motors Passenger Vehicles

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;))