For Quick Alerts
For Daily Alerts

Tata Motors Shares Surge 6% On Boris Johnson's UK Win


Shares of Tata Motors in intra-day trade on Friday rallied by as much as 6% after Boris Johnson's victory in the UK elections.

His triumph with a huge mandate is seen as a positive support for the auto major as 20% of the company's JLR revenues come from the UK.

Tata Motors Shares Surge 6% On Boris Johnson's UK Win

Also, Tata Sons upped its stake in the company from 35.3% to 39.52%. The overall promoter stake in the company now stands at 42.39% from the earlier 38.37%

This is the third-consecutive trading session of gains for the stock

Last, the stock quoted higher by Rs. 177.10, up Rs. 3.75 or 2.16% on the BSE.

Read more about: tata motors jlr
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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