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.