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Tata Motors PV shares fall 4.3% on 80% profit slump; LG Electronics India gains 9.6%

Tata Motors Passenger Vehicles was the Nifty’s biggest loser after quarterly profit fell about 80% on higher costs. LG Electronics India rose 9.6% following strong quarterly results and confirmation of its full-year revenue target.

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  1. Tata's passenger vehicle arm grows 35% in first year after demerger, targets 12 lakh units a year by FY31, , Autocar India
  2. Tata Motors, Stellantis sign deal to develop vehicles for 50-plus global markets, with production planned at Pune JV, , ET Auto Retail

07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Nifty 50 closed at 24,366, down 0.12%
Sensex closed at 78,009.25, down 0.09%

The source

Source Read the source at The Hindu BusinessLine

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