Tata Motors share price gained 5 percent on November 2

Tata-Motors

Tata Motors share price gained 5 percent on November 2 after the company had posted its September quarter earnings day before.

Tata Motors, on November 1, reported a consolidated loss of Rs 4,442 crore for the quarter ended September 30 (Q2FY22), against a loss of Rs 314 crore reported in the same quarter in 2020.

It reported a loss of Rs 4,451 crore in the June quarter.

The consolidated revenue came in higher at Rs 61,379 crore, compared to Rs 53,530 crore in September 2020 quarter. Revenues in Q1FY22 stood at Rs 66,406 crore.

News Source:- Moneycontrol

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