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Tata Motors falls on weak global wholesales numbers
Source: IRIS | 16 Sep, 2014, 09.59AM
Rating: NAN / 5 stars.
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Tata Motors shares fell on Tuesday after it registered a fall of 9.74% in group global wholesales in August 2014, including Jaguar Land Rover. Sales volume stood at 73,524 units in August as compared with 81,457 units for the same period in the previous year. Cumulative wholesales for the fiscal were 381,935 units.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range - were 30,536 units. Cumulative commercial vehicles wholesales for the fiscal were 149,321 units.

Shares of the company are trading at Rs 506.90, down Rs 5.35, or 1.04% at the Bombay Stock Exchange (BSE) on Tuesday at 9:48 a.m.|

The scrip has touched an intra-day high of Rs 510 and low of Rs 506. The total volume of shares traded at the BSE is 33,619.

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