Tata Motors extends gain on healthy volumes in March

With government's thrust on infrastructure, private capex cycle revival and need for personal mobility, analysts expect PV and CV space, in particular, to witness healthy pick-up in sales volume

Shares of Tata Motors gained 3 per cent to Rs 460 on the BSE in Tuesday's intra-day trade, in an otherwise subdued market, gaining 6 per cent in three trading days after the company reported a healthy volumes in the month of March.

The counter witnessed large trading volume with a combined around 12 million shares having changed hands on the NSE and BSE till 10:33 am. In comparison, the S&P BSE Sensex was down 0.39 per cent at 60,377 points.

Tata Motors' total domestic sales volume grew 30 per cent year-on-year (YoY) at 86,718 units in March