In October 2018, Tata Motors registered a strong growth of 18% at 57,710 units as against 48,886 units over last year due to the continued strong sales performance of its Commercial and Passenger Vehicles Business in the domestic market.
The cumulative sales for the domestic market (April-October 2018) was at 397,062 units compared to 291,673 units over last year, a growth of 36%. The strong domestic performance of Tata Motors is a result of customized strategies of 'Winning Decisively in CV,' 'Winning Sustainably in PV' and 'Winning Proactively in EV,' which are already underway and delivering results. The focus continues on aggressive sales enhancement, rigorous cost reduction and supply debottlenecking.
Shares of the company gained Rs 3, or 1.68%, to trade at Rs 181.75. The total volume of shares traded was 0 at the BSE (9.03 a.m., Friday).