Tata Technologies experiences Q3 profit decline due to electric vehicle demand slowdown.

Tata Technologies reported a third consecutive quarterly profit decline, attributed to a slowdown in electric vehicle (EV) demand. The company's financial results indicate challenges in the market as it navigates changing consumer preferences and competitive pressures in the EV sector. This trend raises concerns about the sustainability of growth amid fluctuating demand for electric vehicles.

October 28, 2024
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