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Tata Motors climbs after strong sales in December'14
Source: IRIS | 02 Jan, 2015, 02.02PM
Rating: NAN / 5 stars.
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Tata Motors, India's largest automobile company, witnessed a rise in share price on Friday after it has announced  total sales (including exports) of Tata commercial and passenger vehicles in December 2014 were 41,734 vehicles, a growth of 10% over 37,836 vehicles, sold in December 2013.

The company's domestic sales of Tata commercial and passenger vehicles for December 2014 were 37,776 units, a growth of 8% over 35,010 vehicles, sold in December 2013.

Cumulative sales (including exports) for the company for the fiscal are 362,995 units, lower by 17% over 435,079 vehicles, sold last year.

Shares of the company are trading at Rs 513.25, up Rs 17.15, or 3.46% at the Bombay Stock Exchange (BSE) on Friday at 1:49 p.m.

The scrip has touched an intra-day high of Rs 514.00 and low of Rs 496.50. The total volume of shares traded at the BSE is 174,569.



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