Commercial vehicle revenues declines by 13.9 per cent, but EBITDA margins improved to 10.8 per cent due to favourable pricing and material cost savings, despite lower volumes
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The company's commercial vehicle segment experienced a challenging quarter, with total CV sales dropping to 84,281 units in Q2 FY25, compared to 1,04,085 units in the same period last year
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USB Securities cites that there is more downside risk due to margin slippage at the company's luxury division, Jaguar Land Rover
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New electric SUV coupe offers multiple variants with up to 585 km range
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Global brokerage firm assigns the target price of Rs 1,294 which indicates the upside potential of 26 per cent from the current market price (CMP)
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