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Tata Motors gains after good JLR sales in April
Source: IRIS | 09 May, 2018, 11.55AM
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Tata Motors witnessed a rise in share price on Wednesday after the company said that sales of its subsidiary Jaguar Land Rover (JLR) rose 11.9% to 45,180 units in April 2018 over April 2017.

Sales were primarily driven by the introduction of new models including the Range Rover Velar, Land Rover Discovery and the Jaguar E-PACE. Jaguar sales rose 8% to 13,289 units. Land Rover sales rose 13.6% to 31,891 units.

Shares of Tata Motors (Q,N,C,F)* are trading at Rs 343.30, up Rs 11.2, or 3.37% at the Bombay Stock Exchange (BSE) on Wednesday at 11:40 a.m.

The scrip has touched an intra-day high of Rs 346.75 and low of Rs 331.10. The total volume of shares traded at the BSE is 481,758.

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