Tata Motors is confident about its JLR outlook and considering tthis brokerages remain positive on the stock but have slashed target price.

Further, Tata Motors posted a cautious commentary. "We remain cautious on near-term domestic demand," it said in the statement. "However, the festive season and substantial investments in infrastructure should help bolster it,

Tata Motors Q2 Results Live : Tata Motors declared their Q2 results on 08 Nov, 2024, reporting a topline decrease of 3.5% year-over-year (YoY) and a profit decline of 11.18% YoY. Compared to the previous quarter, revenue saw a notable decline of 6.11%, while profit dropped significantly by 39.94%.

Tata Motors' shares rose 2% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this,

Tata Motors' Q2 FY25 results show an 11.18% profit drop and a decline in revenue, but the company remains optimistic about recovery.

Tata Motors shares are on the radar of brokerages after Q2 FY2024-25 results. During Monday's trade, the top Tata stock traded higher by 2.25 per cent at Rs 824 apiece around noon with 1.74 crore equities changing hands.

Shares of Tata Motors ended lower on Friday. The stock fell 1.72% at Rs 805.70 on BSE. The earnings were announced after market hours.

The primary reason for the weak performance was a dip in the margins of Jaguar Land Rover (JLR), Tata Motors’ luxury vehicle division. Analysts believe that these challenges are temporary, and expect improvements in the second half of FY25 as JLR's margin pressures begin to ease.

The business performance of Tata Motors in Q2 FY25 was below Street expectations because of demand weakness faced by the company. The business performance of Tata Motors (TML; CMP: Rs 805.70; Market cap: Rs 2.