Tata Motors gains post June JLR sales data

The stock rallied 5% to Rs 458 on BSE in intra-day trade

A Jaguar Land Rover logo is seen on the building inside the Chery Jaguar Land Rover plant in Changshu
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A Jaguar Land Rover logo is seen on the building inside the Chery Jaguar Land Rover plant in Changshu

SI Reporter Mumbai
Tata Motors rallied 5% to Rs 458 on BSE in intra-day trade after its British luxury unit Jaguar Land Rover (JLR) reported 11% rise in sales at 51,591 units in June 2017 over June 2016.

“Retail sales for June were up year-on-year in China (65.3%), the UK (3.8%), Europe (3.7%) and North America (3.2%) whilst sales in overseas markets were down 8.5%,” JLR said in a press release.

Jaguar sales reached 15,343 vehicles in June, up 16.4% on June last year, with strong continued sales from F-PACE and the long wheel base Jaguar XFL in China. Land Rover

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First Published: Jul 10 2017 | 11:34 AM IST

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