Tata Motors shares under pressure after Q3 miss, guidance cut. What should investors do?
- Posted on January 30, 2025
- By Business News Today
- 4 Views
Tata Motors shares under pressure after Q3 miss, guidance cut. What should investors do?
Tata Motors' shares traded 6.8% lower at Rs 701.40 on the BSE at 1:30 PM Thursday, recovering slightly from the days low of Rs 684.25. The companys profit fell 22% YoY to Rs 5,451 crore, missing estimates of Rs 6,791 crore. However, revenue rose 3% YoY to Rs 1.13 lakh crore.