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Tata Motors hits 52-week high post December sales numbers

The company reported total sales of commercial and passenger vehicles at 65,582 units (including exports) during December.

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Tata Motors is trading higher by 1.6% at Rs 321, also its 52-week high on the BSE, after reporting total sales of commercial and passenger vehicles at 65,582 units (including exports) during December.

“The company had reported total sales of 66,500 units in November, which was 13.43% less than total sales during the same month a year ago,” said in a statement.

Cumulative sales (including exports) for the company for the current fiscal were 613,750 numbers against 626,770 numbers in previous fiscal, it added.

Meanwhile, the maker will announce its Group global wholesales vehicle sales numbers on or before January 15, 2013.

The stock opened at Rs 316 and has seen a combined 145,000 shares changing hands on the counter in opening deals.

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