** India's Tata Motors TAMO.NS sheds 1.5% to 698 rupees
** Carmaker beat quarterly profit estimates but abstained from confirming its fiscal 2026 target of a 10% EBIT margin, for its luxury car brand Jaguar Land Rover (JLR), amid U.S. tariff changes
** Jefferies (underperform) says JLR is likely to face a tough year ahead due to US tariffs and increasing competition in China
** ICICI Direct also highlighted near-term challenges for JLR due to tariffs uncertainty and muted China demand, downgrading stock to "add" from "buy"
** TAMO among nine stocks on 15-member auto index .NIFTYAUTO rated "buy" - data compiled by LSEG
** Stock down 5.7% in 2025 vs auto index's 1.6% climb
(Reporting by Kashish Tandon in Bengaluru)
((Kashish.tandon@thomsonreuters.com))
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