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By EquityPandit

MARKETS

Tata Motors Gains 2% After Trump Delays EU Tariff Decision to 9th July

In April, Trump announced a 25% tariff on auto imports.

Shares of Tata Motors Ltd rose 2% to touch a day’s high of Rs 738 on 26th May, following an announcement from US President Donald Trump, who has postponed the imposition of 50 per cent tariffs on European Union imports until 9th July.

In April, Trump announced a 25% tariff on auto imports, prompting JLR to halt US shipments for a month.

The situation changed after Trump signed an order providing partial relief through tax credits and tariff waivers on vehicles assembled in the US.

JLR resumed US exports earlier this month; the US remains its second-largest export market after the EU, contributing nearly 20% of its overseas shipments.

JLR reported Rs 7.7 billion in Q4 FY25 revenue with an EBITDA margin of 15.3%, marking its 10th straight profitable quarter and meeting its cash flow target.

JLR plans to invest Rs 18 billion over five years using internal cash flows, with an investor update due on 16th June 2025.

Tata Motors, the parent company, posted record revenue and profit before tax and became debt-free in its automotive business, reducing interest expenses.

At 11:24 AM, the shares of Tata Motors were trading 1.93% higher at Rs 732.10 on NSE.

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