India's Tata Motors climbs after report says JLR resumes exports to US
ReutersMay 5, 2025 7:54 AM
India's Tata Motors TAMO.NS climbs as much as 2.2%; last up 1.2%
Carmaker's luxury arm Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump's tariffs, London's Times newspaper reported on Sunday
TAMO's stock sank 10% when JLR paused car shipments to US after Trump's 25% auto tariffs came into effect
TAMO among 15 stocks on auto index .NIFTYAUTO rated "buy" - data compiled by LSEG
Stock down ~11% YTD vs auto index's 0.7% decline
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