Business Standard

Tata Motors gains 4% on heavy volumes; stock surges 12% in one month

Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.

Jaguar Land Rover, JLR, Tata Motors
Premium

Photo: Shutterstock

SI Reporter Mumbai
Shares of Tata Motors were trading higher for the third straight day, surging 4 per cent to Rs 423.80 on the BSE in Tuesday’s intra-day trade amid heavy volumes ahead of Jaguar Land Rover (JLR) third quarter results.

The average trading volumes at the counter more-than-doubled today, with a combined 19.24 million equity shares changing hands on the NSE and BSE till 11:43 AM. In comparison, the S&P BSE Sensex was up 0.19 per cent at 61,059.

JLR, a wholly-owned subsidiary of Tata Motors, on January 9, said that the company expects to report unaudited results for the

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 24 2023 | 12:33 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com