Tata Motors Gains Over 2pc After Declaring Sales Data

Auto Stock Update Tata Motors

Share price of Tata Motors Limited rose over 2.6% at 11.40AM on NSE after the auto major announced sales volume data for March 2019, on Monday.

According to sale data,  the company’s  sales for Commercial & Passenger Vehicles Business in the Indian market for April 2018 to March 2019, grew by 16percent with 6,78,486 units as against 5,86,507 units over the same period Last year.

In March 2019, the company recorded its sales fall by 1-percnet to 68,709 units as against 69,409 units sold in March 2018. Its sales from exports for Commercial Vehicle & Passenger vehicles in March 2019 was at 5,952 units, lower by 11% Y-o-Y

Shares of Tata Motors zoomed 2.64% in intraday trade on Thursday after declaring sales data. Tata Motors shares touched a high of Rs192.50, and hit an intraday low of Rs185.3o.  Meantime, the BSE Sensex was up 95.38 points to 38,967.25 and the NSE Nifty50 was at 11690.30, up by 21 points.

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