Tata Motors shares up over 4% on encouraging global sales

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Press Trust of India Mumbai
Last Updated : Jul 11 2016 | 7:42 PM IST
Shares of Tata Motors today rose by over 4 per cent after the company reported a 20.8 per cent increase in global sales, including that of Jaguar Land Rover (JLR) vehicles, in June.
The stock rose by 4.15 per cent to settle at Rs 484.50 on BSE. During the day, it went up by 4.55 per cent to Rs 486.40.
On NSE, shares of the company gained 3.92 per cent to end at Rs 484.60.
In terms of volume, 15.14 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE during the day.
Tata Motors on Friday reported a 20.8 per cent increase in global sales at 92,551 units, including that of Jaguar Land Rover (JLR) vehicles in June.
The company had sold 76,602 units in June 2015, Tata Motors had said in a statement.
In the passenger vehicles category, global sales stood at 59,831 units last month as against 45,519 units in the same month a year ago, up 31.44 per cent.
Sales of luxury brand Jaguar Land Rover grew 35.2 per cent to 47,197 units in June compared with 34,908 units in the same month last year.
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First Published: Jul 11 2016 | 7:42 PM IST

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