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Tata Motors shares plunge as Jaguar Land Rover loses shine
By Henry Foy and Manoj Dharra
MUMBAI (Reuters) - Tata Motors shares fell 11.9 percent on Wednesday, wiping more than $1.5 billion off the value of the Indian car maker, as a fall in operating margins at its Jaguar Land Rover unit gave investors a sobering reality check.
The auto maker said on Tuesday profitability at the luxury unit had fallen from the previous quarter, raising concerns that the
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