Tata Motors (TTM) saw revenue rise 1% to 458.2B rupees ($8.53B) during its FQ3 but profits...


Tata Motors (TTM) saw revenue rise 1% to 458.2B rupees ($8.53B) during its FQ3 but profits narrowed considerably from last year as increased competition hit Jaguar Land Rover. An even bigger concern could be that the automaker is having to make big investments which could incur the need for a fresh round of borrowing with free cash flow dwindling. TTM -6.6% premarket.

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