JLR: not out of the woods yet demand & margins will take time to recover: While JLR's near-term performance has been impacted by various factors, the underlying brand strength and product strategy remain intact. The production disruption in Q3 resulted in temporary volume and profitability pressure; however, normalization of this has resulted in better Q4 volumes rising significantly with a 61% QoQ growth. JLR enters FY27 at a critical inflection point. The business has demonstrated that, despite temporary disruptions, its core brands continue to command strong...