Tata Motors Shares Drop as JLR Slashes FY26 Margin Forecast Amid U.S. Tariffs
Tata Motors shares tumbled over 5% after its subsidiary Jaguar Land Rover trimmed its FY26 EBIT margin outlook from ~10% to 5–7%, citing U.S. tariffs on foreign‑made vehicles and weak global conditions. The revised forecast also signals near‑zero free cash flow, rattling investor sentiment