Tata Motors Shares Jump 6.5% On Buzz Of Strong JLR Sales

By Super
Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    Mumbai, Nov 4 (PTI) Shares of Tata Motors today surged 6.5 per cent amid reports that sales of Jaguar Land Rover (JLR) in the US rose in October.

    The stock jumped 6.43 per cent to Rs 406.65 on BSE. At NSE, shares of the company rose 6.46 per cent to Rs 406.75.

    Tata Motors Shares Jump 6.5% On Buzz Of Strong JLR Sales
    Tata Motors: Quotes, News
    BSE 174.55BSE Quote4.85 (2.78%)
    NSE 174.30NSE Quote4.6 (2.64%)

    The stock was the top gainer on both Sensex and Nifty indices. According to reports, the subsidiary of Tata Motors sold 8,187 vehicles in the US in October, up 76.10 per cent from over 4,650 units sold a year-ago.

    Tata Motors has reported one per cent growth in total sales at 43,486 vehicles for October 2015 compared to 42,862 units in the same month last year.

    Its exports rose 13 per cent to 4,569 units last month from 4,059 vehicles in October 2014, the company said in a statement on Sunday. The company is due to report its second quarter earnings on Friday.


    Read more about: tata motors jlr
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more