Tata Motors, India's largest automobile company and leader in commercial vehicles across segments, witnessed a rise in share price on Monday after the luxury car division Jaguar Land Rover (JLR) reported a 61% surge in US sales in September.

However, the company's overall passenger and commercial vehicles sales fell by 2% in September at 45,215 units compared to 46,154 units in September 2014.

Shares of Tata Motors are trading at Rs 316.70, up Rs 19.7, or 6.63% at the Bombay Stock Exchange (BSE) on Monday at 12:37 p.m.

The scrip has touched an intra-day high of Rs 322 and low of Rs 301.70. The total volume of shares traded at the BSE is 763,040.