Moneycontrol PRO
Loans

business

Forex worries Jhunjhunwala but analysts bet on Tata Motors

With a buy rating, CLSA expects Tata Motors to see a strong rebound in JLR‘s margins in balance FY17 and FY18 driven by FX loss contraction, benefits of the post-Brexit GBP depreciation, operating leverage and platform consolidation.

first published: Aug 29, 2016 10:11 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347