Tata Motors Hikes 3% on Strong Sales Growth in US JLR

The shares of Tata Motors hiked around 3% on Friday as the company got a good sale growth in US JLR. In 2017, only 11,394 units sold while in 2018, 14,079 units sold means the sales rose 24 percent. The investors celebrate happiness after seeing this significant increment in sales.

The Land Rover US sales have risen 33% at 10,617 units this year against only 7,980 units last year. While the total number of Jaguar sales increased 1.4% at 3,462 units in December 2018 against only 3,414 units in December 2017.

The shares touched an intraday high: INR 171.80 & an intraday low: INR 168.10. At 03:59 PM, January 4, 2019, the share price was quoting INR 170.95 up INR 4.90 or 2.95%.

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