Closing Updates- Tata Motors reported its sales figure up 18 pc; Stock rises

Sensex closed higher 0.47%, Nifty-50 rose 0.40%, to close at 10,458.65 on Thursday. 

Automobile major Tata Motors Limited announced its global wholesale figures for March 2018 on Wednesday, posting an 18% increase in its global wholesales for March 2018 at 1, 53,156 in comparison with the sales of March 2017. Recently, Tata Motors Limited recorded a hike in JLR sales in spite of a dampened market in both the U.K and Europe.

According to the Company, the global wholesales of all the Tata Motors’ commercial vehicles and Tata Daewoo range increased by 33 percent at 56,399 nos in March 2018 on Y-o-Y basis, while, the global wholesales of all passenger vehicles jumped by over 11 percent at 96,757 nos, on Y-o-Y.

Shares of Tata Motors ended at Rs. 358.05 per share, higher by 2.75 percent on BSE on Thursday. It opened at Rs. 359.30 and touched a high of Rs. 363.95 and a Low of Rs, 356.85 on BSE. On NSE, Tata Motors shares ended at Rs. 202.05 up by 0.65% against previous close of Rs. 200.75.

The BSE Sensex closed higher by 160.69 points to 34,101.13, while the NSE Nifty-50 rose 41.50 points to close at 10,458.65.

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