Tata Motors drives up on robust sales volumes

Posted By: Religare
Subscribe to GoodReturns

Tata Motors drives up on robust sales volumes
India's leading automobile maker, Tata Motors, gained as much as 2.7 per cent on Bombay Stock Exchange after announcing 22 per cent increase in sales volume for the month of December 2011. During the month, company's total sales stood at 82,278 units, while domestic sales rose by 24 per cent to 76,663 units during the same month.

Meanwhile, sales for April-December 2011 period went up 11 per cent to 626,770 units, as against 567,004 units sold during the year ago period.

Cheering the news, shares of the company rose as much as 2.7 per cent on BSE, while at 11:00 AM, it quoted at Rs 180.80, up 1.35 per cent from previous close.

In a similar fashion, shares of the company were trading at Rs 86.95, up 0.12 per cent on the National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 15,470.98, up 16.06 points at 11:12 hours.

Read more about: tata motors, automobile, bse, nse
Story first published: Monday, January 2, 2012, 13:30 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'