Tata Motors share price gains 3% post Q2 results on better second half FY25 expectations
Stock Market Today: Tata Motors share price gained almost 3% in morning trades on Monday and was among largest gainers in the Nifty 50 stocks on a day when benchmark indices saw volatility. While Tata Motors Q2 performance was subdued led by Weakness in Jaguar Land Rover margins, analysts say second Half FY25 should see improvement as margin challenges for JLR abate.
Tata Motors share price that opened at ₹801 on the NSE on Monday, slightly lower than previous close of ₹800.95. Tata Motors share price while dipped to lows of ₹792 , however rebounded to ₹829 levels marking gains of close to 3% .
Tata Motors soft Q2 performance
For the quarter that ended in September 2024 (Q2 FY25), the Tata Group company reported an 11%…