Tata Motors stock continues surge on strong growth in US sales
January 4, 2019
in Tata Motors keep up momentum on Friday following strong growth in JLR US
sales attained by the company for the month of November.
total JLR sales in the US for December month jumped about 24% to 14,079 units
as against 11394 units sold in December 2017. Sales of Land Rover in the
US market have grown by 33 percent on yearly basis to 10,617 units as against 7980
units in the corresponding period last year.
Motors had reported an 8% decline in India unit sales to 50,440 units in
December, vis-à-vis 54,627 units in the corresponding month last year.
of Tata Motors Limited traded 2.80 percent up at Rs 170.70 on the NSE during
first afternoon hours of trade. Similar trend was observed in BSE also in
Tata Motors share. The stock hit an intraday high and low of Rs172 and 168.50
respectively on NSE, whose benchmark index Nifty meantime traded at 10727 up by
54.75 points and the Sensex quotes at 196 points higher at 35710-level at around
1.15 pm, Friday.