Business Standard

Tata Motors extends gains, hits seven-month high

The stock has rallied almost 7% in past two trading sessions compared to 1% fall in benchmark Sensex post JLR November sales numbers

Related News

Tata Motors is trading higher by 2.1% at Rs 294, its highest level since May, in otherwise subdued market on the Bombay Stock Exchange. The stock opened at Rs 287 and has seen a combined 5.18 million shares changing hands on the counter so far on both the exchanges.

The stock of the country's largest automobile manufacturer has rallied almost 7% in past two trading sessions compared to around 1% fall in benchmark Sensex after Tata Motors-owned Jaguar Land Rover (JLR) said its global sales in November increased by 14% to 29,893 units.
 
According to analyst at Motilal Oswal Securities, has multiple levers to improve its sustainable margins over the next 2-3 years.

Meanwhile, the Board of Directors of on Thursday announced the appointment of Cyrus P Mistry as the Chairman of the Board with effect from December 28, 2012, on the retirement of Ratan N Tata, the company said in a statement.

Read more on:   
|
|

Read More

Two entities fail to make prima facie case to revoke ban: Sebi

The Securities and Exchange Board of India (Sebi) today said the restraining order on two entities, related to plunge in some mid-cap stocks in July, ...

Quick Links

 

Market News

5 candidates shortlisted for FMC Chairman's post

Current Chairman Ramesh Abhishek's term is ending on 8 January 2015

Today's picks- 25 November 2014

Nifty, Bank Nifty, Zee Entertainment, IDFC & DLF

Filters to build a list of "honest" companies

Most investors would agree that higher accounting quality translates into higher long-term returns

Farmers put cotton sales on hold on low return, weak demand

Demand for exports is weak this year, as a consequence of which, price of the crop is not improving

Sebi to tie up with Guj govt, police to address 'dabba trading' issue

A dabba or offf-exchange trade is illegal and risky, and exists only on the books of the dabba or the trader

Back to Top