Tata Motors reported 26% rise for selling 39,859 commercial vehicles in the August month while in August 2017, the company reported a sale of 31,566 units only. The company reported a 27% hike in its sales for the August month at 58,262 units while in the same month last year, the company reported a sale of 45,906 units.
Medium & heavy commercial vehicles sold 12,715 units (16% year on year), while 18,420 passenger vehicles were sold in the last year means the company reported a 28% hike. Tata Motors saw a giant jump of 78% in its exports for the August month, rising to 5,478 vehicles against 3,082 vehicles ixn the last year.
That’s why, the stock gained a good hike in the past month, while in the last 3 days, the share price hiked over 2%. At 3:59 PM on 31 August 2018, the share price was quoting at 267.50 INR up 8.15 INR or 3.14%.