Tata Motors shares rise 2% on winning ₹766 cr arbitral award in Singur case
Tata Motors share price has surged 60% in the calendar year 2023, on the back of recent rise in sales volume and turnaround in JLR numbers.
Tata Motors share price has surged 60% in the calendar year 2023, on the back of recent rise in sales volume and turnaround in JLR numbers.
Shares of Tata Motors hit a record high of ₹665.40 on the NSE.
Tata Motors revenue jumped 35% year-on-year to ₹1.05 lakh crore in Q4.
The auto major reported 10% growth in monthly domestic sales, while third quarter figures jumped 14% on a year-on-year basis.
Tata Motors shares currently trade 20% lower than its 52-week high of ₹536.50 on November 17, 2021, while it hit a 52-week low of ₹366.05 on May 21, 2022.
JLR retail sales stood at 88,121 units in the July to September quarter, compared to 92,710 units in the same period last year.