Tata Motors stock rise by 4% on Monday, expect gradual recovery of JLR sales

Jaguar Land Rover is not restricted and can continue to export and import in the United Kingdom as well as the EU post the Brexit deal. This news helped Tata Motors stock rise by 4% on Monday. The Brexit deal was considered to be very important since Jaguar Land Rover comprises of more than 80% of Tata Motors. The sales of JLR have also gone up by stunning 53% in the second quarter which is remarkable recovery from the pandemic.

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