HomeNewsBusinessCompaniesTata Motors stock skids as JLR warns about chip shortage; should you buy the dip?

Tata Motors stock skids as JLR warns about chip shortage; should you buy the dip?

Tata Motors share price slipped over 8% on July 6 after the company flagged chip supply shortage. Shortage of semiconductors may see Jaguar Land Rover report 50% lower wholesale volumes by the end of the September quarter, coupled with a negative EBIT margin, warned Tata Motors. We find out if it’s worth buying into the dip or not.

July 07, 2021 / 22:12 IST
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first published: Jul 7, 2021 10:12 pm

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