Tata Motors shares gain over 3% after December sales data

  • Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December.
Tata Motors logos are seen at their flagship showroom in Mumbai February 14, 2013. REUTERS/Vivek Prakash/File Photo (REUTERS)
Tata Motors logos are seen at their flagship showroom in Mumbai February 14, 2013. REUTERS/Vivek Prakash/File Photo

Shares of Tata Motors on Monday gained over 3 per cent after the firm reported a 21 per cent increase in total vehicle sales in the domestic market in December.

The stock jumped 3.51 per cent to 193 on the BSE.

On the NSE, it gained 3.48 per cent to 193.

Tata Motors on Friday reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December.

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The company had sold 44,254 units in the domestic market in the same month last year, Tata Motors said in a regulatory filing.

Domestic passenger vehicle (PV) sales stood at 23,545 units last month as against 12,785 units in December 2019, up 84 per cent, it added.

First Published Date: 04 Jan 2021, 19:02 PM IST
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