Tata Motors expects better JLR earnings in Q4FY19, shares rise 6%
Updated : April 01, 2019 02:28:02 IST
Shares of Tata Motors rallied 6.32 percent after the company’s wholly-owned subsidiary said it expects improved financial results and significant positive cash flow in Q4FY19.
The company said, “JLR is continuing to execute its product plans and Project Change turnaround strategy to deliver £2.5 billion of cash flow improvements by March 2020.”
Published : April 01, 2019 01:33 PM IST