Tata Motors needs JLR on cruise control now2 min read . Updated: 27 Jan 2023, 12:53 AM IST
Investors in the Tata Motors stock should be a tad bit cautious given the looming recessionary threat in Europe, which could weigh on JLR volumes.
After a muted show in the first half of FY23 (H1FY23), Tata Motors Ltd’s UK-based subsidiary Jaguar Land Rover Automation Plc (JLR) has impressed with a strong rebound in the December quarter (Q3FY23). But one swallow does not make a summer. This is why investors in the Tata Motors stock should be a tad bit cautious given the looming recessionary threat in Europe, which could weigh on JLR volumes. Moreover, while the lockdowns in China are easing now, a potential spurt in covid cases does pose a risk.
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