Tata Motors, India's largest automobile company, gained on Tuesday after the company owned Jaguar Land Rover (JLR), the UK's leading manufacturer of premium luxury vehicles, sold 37,171 units in April, up 30% versus the same period last year. During the first four months of the year, Jaguar Land Rover sold 161,947 vehicles, up 12%.
In April, Jaguar Land Rover reported sales increases in all of its key regions as follows: the China Region up 72%, Europe up 27%, Asia Pacific up 25%, the UK up 24%, North America up 19% and other overseas markets up 3%.
Shares of the company are trading at Rs 450.80, up Rs 5.8, or 1.30% at the Bombay Stock Exchange (BSE) on Tuesday at 11:52 a.m.
The scrip has touched an intra-day high of Rs 455.55 and low of Rs 448. The total volume of shares traded at the BSE is 221,454.
In the earlier session, the shares rose 4.09%, or Rs 17.5, at Rs 445. Currently, the stock is trading all time 52-week high, which is above 71.34% over the 52-week low of Rs 263.10.