Inside Tata Motors Ltd's 97% Quarterly Profit Plunge

Tata Motors anticipates a better Q4 with new Jaguar models, aiming to reverse the Q3 profit slump, largely due to a 62% drop in Jaguar sales. The company faces challenges from a potential US border tax, which could impact Jaguar's pricing. Market reactions were negative, with stocks dropping 8% after disappointing results. Jaguar, once a profitable unit, now struggles amid internal issues highlighted by former chairman Cyrus Mistry.

What impact did the announcement of Tata Motors' results have on its stock prices?

What was the significance of the Jaguar unit for Tata Motors before the recent changes?