In May 2018, Tata Motors registered a strong growth of 58% at 54,295 units as against 34,461 units over last year due to the continued strong sales performance of its Commercial and Passenger Vehicles Businesses in the domestic market.
The cumulative sales for the domestic market (April-May 2018) was at 107,806 units compared to 63,305 units over last year, a growth of 70%. In FY19, the company has embarked on 'Turnaround 2.0', with 3 clear objectives viz. 'Win Decisively in CV', 'Win Sustainably in PV' and embed the turnaround culture in the organisation.
The company's sales from exports (from CV and PV) in May 2018 was at 3,699 units as against 3,900 units in May 2017.
Shares of the company gained Rs 2.3, or 0.8%, to trade at Rs 289.50. The total volume of shares traded was 294,581 at the BSE (10.22 a.m., Monday).