Shares of India's top carmaker Tata Motors declined over 5% in early trade on Monday as it expects the FY26 earnings before interest and taxes (EBIT) margins of 5% to 7% for its British luxury ...

The decline was primarily driven by a downward revision in Jaguar Land Rover's (JLR) earnings before interest and taxes (EBIT) margin forecast for the fiscal year 2026.

JLR flagged increasing pressure in China’s premium car segment for FY25, despite it being the world’s largest auto market.

Asian shares were mixed on Monday and oil prices extended gains on worries that escalating Iran-Israel tensions could disrupt ...