Events & Expos

India’s Tata Motors jumps 6% on first quarterly profit in 2 years

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BENGALURU, Jan 27 (Reuters) – Shares of Indian Tata Motors Ltd (TAMO.NS) rose as much as 6% on Monday after the carmaker reported its first quarterly profit in two years on the back of strong demand and as its luxury car unit, Jaguar Land Rover (JLR), turned profitable.

Reporting by Nandan Mandayam in Bengaluru; Editing by Savio D’Souza

Our Standards: The Thomson Reuters Trust Principles.

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