Tata Mtrs LTD (TTM) Stake Held by Cambiar Investors Llc

Tata Mtrs LTD (TTM) Stake Held by Cambiar Investors Llc

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Shares of Tata Motors today settled almost 5 per cent down on JLR's job cut plans to scale back production at some of its United Kingdom sites. The company had a trading volume of 1,943,868 shares, compared to its average volume of 1,511,558. Tata Motors has a fifty-two week low of $24.85 and a fifty-two week high of $37.62. The company has a quick ratio of 0.63, a current ratio of 0.98 and a debt-to-equity ratio of 0.79.

Tata Motors (NYSE:TTM) last announced its earnings results on Monday, February 5th. It's down from 6.85M at the end of the previous reported quarter. Tata Motors had a net margin of 3.92% and a return on equity of 19.58%.

TTM has been the subject of a number of other reports. They issued a "buy" rating for the company. Finally, ValuEngine downgraded shares of Tata Motors from a "buy" rating to a "hold" rating in a research note on Friday, March 9th. Advisor Group Inc. raised its position in shares of Tata Motors Limited by 30.0% in the third quarter.

The share price of automobile major Tata Motors declined on the bourses by over 4 per cent on Monday on the back of news reports suggesting that the company's wholly-owned subsidiary Jaguar Land Rover would be laying-off a number of contractual employees.

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Tata Motors-owned Jaguar Land Rover (JLR) on April 13 said it is planning to cut jobs as it scales back production at some of its United Kingdom sites amid "headwinds" impacting the automotive industry. The Company's segments include automotive operations and all other operations.

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