Tata Motors tumbles over 4% on flat global sales in April

Disappointed by global sales figure in April, shares of country's largest automobile company Tata Motors Ltd plunged over 4 per cent on the Bombay Stock Exchange in the early trading.

Shares of the company started the day on weak note and witnessed a fall of as much 4.38 per cent to Rs 259.20 a piece on BSE.

There was also contraction in volume of trade with 4.99 lakhs shares changing hands till now compared to average of 12.30 lakhs shares in daily trade on BSE.

In a similar fashion, shares of the company were trading at Rs 258.80, down 4.55 per cent on the National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 15,887.01, down 183.47 points or 1.14 per cent at 10:20 hours.

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