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Tata Motors gains post September JLR global sales

The stock up 2% to Rs 563 after the company said JLR achieved a strong 28% YoY growth in global sales in Sept.

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

Tata Motors has moved higher by 2% to Rs 563 on the BSE after the company said Jaguar Land Rover (JLR) achieved a strong 28% year on year growth in global sales during the month of September. “Jaguar Land Rover, the UK's leading manufacturer of premium luxury vehicles, reported its best ever September retail sales of 61,047 vehicles, up 28% compared to September 2015,” Tata Motors said in a press release today. The month’s performance has been driven by strong sales of the Land Rover Discovery, Discovery Sport, the Range Rover Evoque and the Jaguar ...