Tata Motors, India's largest automobile company, said its total sales in November 2014 increased 2% to 41,720 vehicles from 40,863 vehicles sold in November 2013.
The company's domestic sales of Tata commercial and passenger vehicles for November 2014 at 37,427 units remained flat. While market continues to remain challenged by macroeconomic trends, segments such as M&HCV showed a 39% growth year-on-year. Other segments such as the sedans continue to show positive growth due to the all-new Zest and exports have grown in November 2014 by 17%, over last year.
Shares of the company gained Rs 3.2, or 0.6%, to settle at Rs 536.15. The total volume of shares traded was 324,160 at the BSE (Monday).