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Tata Motors adds 5% on strong Q2 results

BS Reporter Mumbai

The scrip touched a high of Rs 666 and finally ended at Rs 661, up 5% from its previous close.

The counter clocked volumes of 1.12 million shares as compared to the two-week daily average traded volumes of 777,652 shares on the BSE.
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(Updated at 1042hrs)

Tata Motors has advanced 4% on the back of a good Q2 result announced on 27th November, 2009.

The stock opened at Rs 634 and soared to a high of Rs 656. The scrip is now trading at Rs 652, up around 4% from the previous close. The counter has clocked volumes of 233,952 shares as compared to the two-week daily average traded volumes of 777,652 shares on the BSE.

Tata Motors reported a net profit of Rs 21.78 crore in Q2 September 2009, compared to a loss of Rs 941.8 crore a year earlier on the BSE.

 

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First Published: Nov 30 2009 | 4:02 PM IST

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