Tata Motors shares gain over 3% after December sales data

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.

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

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.

Also Read : Tata Motors delivers Nexon EVs to Haryana Renewable Agency

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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