Tata Motors, India's largest automobile company, gained on Thursday after the company owned Jaguar Land Rover (JLR), the UK's leading manufacturer of premium luxury vehicles, witnessed a 14% growth in sales volumes for February to 30,487 vehicles.

During the first two months of the year, Jaguar Land Rover sold 69,593 vehicles, up 13%.

Shares of the company are trading at Rs 393.25, up Rs 4.5, or 1.16% at the Bombay Stock Exchange (BSE) on Thursday at 12:38 p.m.

The scrip has touched an intra-day high of Rs 396.55 and low of Rs 391. The total volume of shares traded at the BSE is 168,763.

In the earlier session, the shares fell 2.35%, or Rs 9.35, at Rs 388.75. Currently, the stock is trading down 6.44% from its 52-week high of Rs 420.30 and above 55.99% over the 52-week low of Rs 252.10.