Why is Tata Motors making losses?

Auto major Tata Motors reported a consolidated net loss of Rs 4,415.5 crore for the quarter ended September (Q2FY22) owing to the dual impact of semiconductor shortage and high input prices.

Why is Tata Motors share going down Quora?

The main reason for such a fall is the bad performance of the company. The company is posting bad results quarter by quarter. In last Jun 18 quarter, they have posted loss after several years. Clearly, there is some problem with company business and management need to seriously look into it.

Why Tata Motors shares is rising?

Tata Motors share price began to rise after the company announced its plans to raise Rs 7,500 crore from TPG Rise Climate, along with its co-investor ADQ. The stocks of Tata Motors jumped over 22\% to settle at Rs 530 on the BSE as of Wednesday. The dip might be the result of investors booking profit from the rally.

Is TCS under Ratan Tata?

As of February 2021, TCS is the largest IT services company in the world by market capitalisation ($200 billion). It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries.

Why Tata Motors share rising Quora?

There is a lot of positive news around the stock. The major reason behind a 13\% rise today in Tata Motors shares has been better than expected sales data for both domestic and JLR business. In December, the company recorded cumulative domestic sales of 53,430 units, up 21 per cent compared to the same period last year.

Why did Tata steel drop today?

One of the reasons for the street’s disappointment was the slow pace of debt reduction in the company. It was the sharp fall in global steel prices that caused the bigger dent to the steel maker’s stock price. Check out the latest news, analysis and updates on Business Insider.

What caused Tata Motors’ December quarter loss of Rs 26961 crore?

NEW DELHI: Tata Motors ’ December quarter loss of Rs 26,961 crore took the market by surprise. It was the highest-ever quarterly loss reported by any company on Dalal Street till date. The losses were largely caused by one-time exceptional non-cash charge for asset impairment of 3.1 billion pounds at its subsidiary JLR.

Why did Tata Share price fall 11\%?

Tata’s share price fell as much as 11\% after the company announced the worst quarterly loss in its history on woes at its British luxury-vehicle subsidiary, Jaguar Land Rover. Tata’s shares closed in New York at $11.40, down 9.5\% from Wednesday’s closing price.

How did Tata Motors perform in Q3’20?

Tata Motors (Standalone incl JO): Turnaround 2.0 – Managing the slowdown by doing it right Q3’20: Revenue 11KCr (down 33\%); PBT Rs. (1,024) Cr; PAT Rs. (1,040) Cr Performance impacted primarily by lower volumes, stock correction and higher VME

Why did Tata Motors announce a non-cash exceptional charge?

On Thursday, Tata Motors announced a non-cash exceptional charge to cut the book value of capitalised investments. Analysts awaited clarity over the nature of assets impaired to ascertain the probability of a similar action going forward, given a huge capex programme of 12 billion pound over three years.