Monday 18 August 2014

Tata Motors hits 52-week high on Jaguar Land Rover's July sales data

Tata Motors Ltd rallied over 3 per cent in trade to hit a fresh record high of Rs 501.35 on Monday, after the global auto giant said that sales of luxury brand.
Jaguar Land Rover rose 12.24 per cent to 39,467 units in July, compared to 35,162 units
in the same month last year.

Tata Motors DVR was trading 9.9 per cent higher at Rs 364.75. It also hit a fresh record
high of Rs 364.85 earlier in trade today.
Even though JLR sales rose in the month of July, Tata Motors reported a fall in its global sales by 8.46 per 

cent to 80,151 units in July. The company had sold 87,566 units in the same
month last year.
In the passenger vehicles category, the global sales last month were at 49,001
units, as against 46,684 units in July 2013, up 4.96 per cent, Tata Motors said
in a statement.




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