Tata Motors gains for 10th straight session; stock climbs 19% in two weeks

Tata Sons increases its stake in Tata Motors by nearly one percentage points through open market purchases between February 11, 2019 and February 22.

Shares of Tata Motors were trading higher for the 10th straight trading session, up 2.5 per cent at Rs 181 apiece on the BSE, in an otherwise weak market as Tata Sons increased its stake in the company by nearly one percentage points through open market purchases.

The stock of auto major outperformed the market by gaining 19 per cent, as compared 1 per cent decline in the S&P BSE Sensex.

Tata Motors had hit a multi-year low of Rs 142 on February 8, after it reported the biggest quarterly loss among Indian corporates as it was hit by