644.2500 -21.35 (-3.21%)
NSE Apr 30, 2025 15:31 PM
Volume: 19.5M
 

644.25
-3.21%
Phillip Capital
Key highlights: A decent performance with JLR posting healthy margins despite currency hedgesworkingagainstit.WeseemarginimprovementmajorlyfromFY18astheimpactof currenthedgesstartsreducing.WecontinuetoseevolumesCAGRat13%inFY1718ledby new launches, strong developed market performance, and volume recovery in China. The recentsharpdepreciationinGBPboostsJLRscompetitiveness;andmarginimpactwillfade ashedgesturnfavourablemostlyfromFY18.WetweakourestimateswenowexpectJLR topost15.4%EBITDAmargininFY17(15%previously)asthecompanyreapsthebenefitsof...
Tata Motors Ltd.'s price crossed below 50Day SMA today
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