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Tata Motors stock falls on likely damage to JLR vehicles in Tianjin explosions

Tata Motors stock falls on likely damage to JLR vehicles in Tianjin explosions

Tata Motors said at the time of the explosion, approximately 5,800 vehicles that had recently been shipped to China were stored at various locations in Tianjin.

BT Online Bureau
  • New Delhi,
  • Updated Aug 21, 2015 4:34 PM IST
Tata Motors stock falls on likely damage to JLR vehicles in Tianjin explosions

The Tata Motors stock on Friday fell more than 3 per cent after the company said some Jaguar Land Rover vehicles may have been damaged in the Tianjin explosions on August 12.

Tata Motors said at the time of the explosion, approximately 5,800 vehicles that had recently been shipped to China were stored at various locations in Tianjin.

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The stock closed 2.78 per cent lower on the BSE.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Aug 21, 2015 3:29 PM IST
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