Product quality issues find their way into rising costs at Tata Motors
CLSA’s recent report said the firm’s warranty expenses and provisions ratio were at a nine-year high in FY19
JLR’s June quarter sales has brought a flicker of hope for investors
Tata Motors Ltd’s shares fell 4% on Wednesday, reacting to foreign brokerage CLSA’s call to “sell" the stock as cost concerns continued in a weak demand environment. However, a spark of hope with news of improved Jaguar Land Rover (JLR) sales in some regions saw the stock recover slightly.
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