Tata Motors’ financials in the June quarter. Graphic: MintAs if ringing the alarm bells for weak results, Tata Motors Ltd (TML) shares fell by 3.2% on Wednesday even as the firm announced its June quarter results after markets closed. All these dragged JLR’s operating profit down by 34.2% year-on-year. Worse still, the skies are far from blue for Tata Motors in the near term. No wonder then, Tata Motors stock has skid in the last two quarters and turned an underperformer.

Source: Mint August 10, 2017 02:26 UTC