Shares of Tata Motors nearly 17 per cent higher at Rs 172.55 apiece on the BSE on Tuesday on better-than-expected Q2 results. The auto major had settled over 16 per cent higher during the one-hour Muhurat Trading session on Sunday, that marked the beginning of new Samvat year - 2076. In two trading sessions, the stock has jumped over 34 per cent.
On Friday, Tata Motors reported a better-than-expected earnings for the September quarter, with improvement in the operational performance at Jaguar Land Rover, its Britain-based luxury vehicle arm. Net loss at the consolidated entity narrowed to Rs 216.6 crore