India’s Tata Motors jumps 6% on first quarterly profit in 2 years By Reuters


© Reuters. FILE PHOTO: A member of staff works on the production line at Jaguar Land Rover’s factory in Solihull, Britain, December 15, 2022. REUTERS/Phil Noble/File Photo

BENGALURU (Reuters) – Shares of Indian Tata Motors (NYSE:) Ltd rose as much as 6% on Monday after the carmaker reported its first quarterly profit in two years on the back of strong demand and as its luxury car unit, Jaguar Land Rover (JLR), turned profitable.

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