Tata Motors reported a consolidated profit of Rs 3,202.80 crore for the quarter ending on June 30, 2023, a significant turnaround from the loss of Rs 5,006.60 crore reported in the same quarter last year.
According to the company's filing on the BSE, the consolidated revenue for the quarter reached Rs 1,02,236 crore, reflecting a notable increase of 42.1%.
Tata Motors has actively embraced the era of electric mobility in the 2020s, with initiatives including the launch of electric versions of existing models and a strong focus on developing electric vehicle technology.
The company made 57% more money from its British division, Jaguar Land Rover (JLR). Tata Motors Stock Given Breakout and Trading at All-Time High.
Where To Enter In Tata Motors Stock - Wait for Retraisment and Buy Near Support Zone As per marked on Chart
Short-term Targets - 710, 810 Long Term Target - 910
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