JLR chip shortage! Tata Motors shares continue to decline, stock down 10% since Monday – Check what Nomura, Jefferies say
Tata Motors shares extend decline for the third straight day in a row on Thursday, however, it had gained marginally at close yesterday after briefly trading at downside. The scrip slumped over two per cent to Rs 310 per share on the BSE intraday trade today amid the JLR chip shortage concerns.
The stock at around 11:00 am was trading nearly 2 per cent lower to Rs 311 apiece: PTI