Tata Motors Hits Fresh 52-Week Highs On Jump In Global Wholesales

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Tata Motors shares touched fresh 52-week highs after the auto major reported a 1 per cent rise in global wholesales, including that of Jaguar Land Rover, to 2,78,915 units in the third quarter of the current fiscal. The company had sold 2,76,127 units in the October-December period. At 10:20 am, the shares of Tata Motors were trading at ₹ 241.10,higher by 1.3 per cent on the BSE.

Tata Motors on Tuesday reported a 1 per cent rise in global wholesales, including Jaguar Land Rover, at 2 78,915 units in the third quarter of the financial year 2020-21. The auto major had sold 2,76,127 units in the October-December period of 2019-20.

Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q3FY21 were at 90,365 units, lower by 4 per cent from 94,034 units reported in Q3FY20. Global wholesales of all passenger vehicles in Q3FY21 were at 1,88,550 units, higher by 4 per cent from 1,82,093 units reported in compared to Q3FY20.

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