Auto maker tata motors q3 margins improved across segments, and JLR benefited from rising chip supply, according to brokerage firm Nomura. Tata Motor’s consolidated Ebitda at Rs 9,640 crore was ahead. JLR: Average selling price (ASP) stood at £75.9k +9% q-o-q (Nom: 74k) benefited from strong mix. Ebitda margin was 11.9% (Nom: 12.3%). For India, […]
By Sameet Chavan On Tuesday, US markets extended their losses but yesterday morning (Thursday) we saw some recovery in Dow futures and Asian bourses also looked cheerful. Despite this, our markets started correcting after a flat start. Barring a small recovery in the first hour, we witnessed continuous selling pressure thereafter. In fact, post the mid-session […]