Jaguar Land Rover's Profit Margin Improves on China, U.S. Demand
- Jaguar Land Rover profit climbs 18% to 557 million pounds
- Jaguar deliveries surged 81% boosted by demand for F-Pace
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Tata Motors Ltd. headed for the biggest advance in six months after its luxury-car unit Jaguar Land Rover said new models will help it expand profit margins.
The company’s shares jumped as much as 5.1 percent and were trading at 466.6 rupees as of 10:16 a.m. in Mumbai. The stock was the best performer on the benchmark S&P BSE Sensex gauge, which gained 0.2 percent.