Tata Motors Q3 preview: Tata Group's auto arm, Tata Motors, may see improved financial performance, at the consolidated level, during the October-December (Q3) quarter for financial year 2022-23 (Q3FY23).
The company, which is scheduled to report its earnings on Wednesday, January 25, could also see margin expansion on the back of operating leverage benefits, and benefit of fall in key raw material prices.
Ahead of the results, shares of the company rose 4 per cent to Rs 423.80 on the BSE in Tuesday’s intra-day trade amid heavy volumes. The average trading volumes at the counter more-than-doubled today, with a combined 19.24 million equity shares changing hands on the NSE and BSE till 11:43 AM. READ MORE
Ahead of the results, shares of the company rose 4 per cent to Rs 423.80 on the BSE in Tuesday’s intra-day trade amid heavy volumes. The average trading volumes at the counter more-than-doubled today, with a combined 19.24 million equity shares changing hands on the NSE and BSE till 11:43 AM. READ MORE
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