Business Standard

Tata Motors dips post Dec global sales numbers

Global sales in Dec 2012 declined by 13.88% to 98,968 units vs 114,920 units in Dec 2011.

Related News

Tata Motors has dipped over 2% at Rs 324 after the company said that its global sales in December 2012 declined by 13.88% to 98,968 units against 114,920 units sold during the corresponding month in 2011.

The sales of Jaguar Land Rover (JLR) however, went up by 4% year-on-year (yoy) to 32,282 vehicles in the month of December 2012. Jaguar sales up 15% yoy to 5,444 units while Land Rover sales were up 2% yoy to 26,838 units.

“The company showed a muted performance in global sales in the month of December 2012, dragged by poor performance in domestic market,” analyst at IndiaNivesh Securities said in report.

The stock opened at Rs 330 and hit a low of Rs 323 on the NSE. A combined 4.85 million shares have changed hands on the counter so far on both the exchanges.

Read more on:   
|
|

Read More

Trading Strategies: Suzlon Energy, Unity Infra, Titan Industries

Check out how key stocks stakc up on the technical parameters with Ravi Nathani, technical analyst, Nsetoday.com.

Quick Links

 

Market News

Price fall takes a massive toll of iron ore e-auction in Goa

Two-third of bidding quantity remained unsold in fifth round of bidding early this month

Crude oil slips below $78 a barrel

Brent crude oil fell below $78 a barrel on Thursday, as the demand outlook was hit by weak economic data in China and Europe, outweighing ...

Delisting gets tougher

The Securities and Exchange Board of India announced changes to delisting regulations on Wednesday. Companies will now have to acquire shares ...

Today's picks- 20 November 2014

Nifty, Bank Nifty, HCL Tech, Zee Entertainment & Cairn

BSE launches six additional derivative contracts

Revises circuit filter for 30 other companies

Back to Top