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Beating the Street on JLR’s horsepower, Tata Motors could turn in a profit as early as Q3 FY20

image The Tata Motors stock had been on a slide for almost three years, in line with JLR’s falling fortunes. But cost cutting at the luxury carmaker has borne fruit, and the crucial China market is on the mend. After Tata Motors’ better-than-expected Q2 performance, investors are lapping up the stock. Here’s a deep-dive analysis of how JLR managed it in a tough market and what lies ahead for Tata Motors.
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rajivghosh
Rajiv Ghosh
4 Nov 2019 5 Mins Read
Jaguar Land Rover unveiled two new models prior to the Shanghai Motor Show in April; courtesy of JLR
Jaguar Land Rover unveiled two new models prior to the Shanghai Motor Show in April; courtesy of JLR
Investors love a good turnaround story. When companies beat gloomy consensus estimates, signalling a possible swing to sustainable profitability, investor sentiment takes a complete U-turn. And this theme has been playing out perfectly at the Tata Motors counter after the company reported its second-quarter results late last month. Tata Motors stock had been on a slide for almost three....................P

04-Nov-2019