Tata Motors down over 5 pct on plunge in Jan-March net profit

Tata Motors down over 5 pct on plunge in Jan-March net profit
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Tata Motors (TAMO.NS) shares fell over 5.5 percent on Wednesday after the company\'s net profit more than halved in the Jan-March quarter.

Tata Motors (TAMO.NS) shares fell over 5.5 percent on Wednesday after the company's net profit more than halved in the Jan-March quarter.


India's biggest automaker by revenue reported a surprise 56 percent drop in its March quarter net profit on Tuesday, hit by cooling demand for its sleek Jaguar saloons and sporty Range Rovers in the key Chinese market.
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