Tata Motors lost 2.58% to Rs 517.25 at 13:25 IST on BSE after Jaguar Land Rover reported a 7% growth in US sales at 8,751 units in October 2016 over October 2015.
Meanwhile, the S&P BSE Sensex was down 255.04 points or 0.91% at 27,621.57.
On BSE, so far 5.57 lakh shares were traded in the counter as against average daily volume of 7.90 lakh shares in the past one quarter. The stock hit a high of Rs 526.50 and a low of Rs 515.70 so far during the day. The stock had hit a 52-week low of Rs 266 on 11 February 2016. The stock had hit a 52-week high of Rs 598.60 on 7 September 2016. The stock had under performed the market over the past one month till 1 November 2016, sliding 0.71% compared with 0.04% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, advancing 4.5% as against Sensex's 0.45% fall.
The large-cap company has equity capital of Rs 577.44 crore. Face value per share is Rs 2.
Jaguar US sales jumped 226% to 3,219 units in October 2016 over October 2015. Land Rover US sales declined 23% to 5,532 units in October 2016 over October 2015.
Tata Motors' consolidated net profit declined 57% to Rs 2260.40 crore on 10.1% rise in net sales to Rs 64940.12 crore in Q1 June 2016 over Q1 June 2015.
Tata Motors is a market leader in commercial vehicles in India. The company's British unit JLR sells premium luxury cars.
Visit Us At
Meanwhile, the S&P BSE Sensex was down 255.04 points or 0.91% at 27,621.57.
On BSE, so far 5.57 lakh shares were traded in the counter as against average daily volume of 7.90 lakh shares in the past one quarter. The stock hit a high of Rs 526.50 and a low of Rs 515.70 so far during the day. The stock had hit a 52-week low of Rs 266 on 11 February 2016. The stock had hit a 52-week high of Rs 598.60 on 7 September 2016. The stock had under performed the market over the past one month till 1 November 2016, sliding 0.71% compared with 0.04% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, advancing 4.5% as against Sensex's 0.45% fall.
The large-cap company has equity capital of Rs 577.44 crore. Face value per share is Rs 2.
Jaguar US sales jumped 226% to 3,219 units in October 2016 over October 2015. Land Rover US sales declined 23% to 5,532 units in October 2016 over October 2015.
Tata Motors' consolidated net profit declined 57% to Rs 2260.40 crore on 10.1% rise in net sales to Rs 64940.12 crore in Q1 June 2016 over Q1 June 2015.
Tata Motors is a market leader in commercial vehicles in India. The company's British unit JLR sells premium luxury cars.
Visit Us At
Zoid Research
Office 101, Shagun Tower
A.B. Commercial Road, Indore
Office 101, Shagun Tower
A.B. Commercial Road, Indore
Pin-452001
Mobile:
+91 9039073611
Email: info@zoidresearch.com
Mobile:
+91 9039073611Email: info@zoidresearch.com
Website: www.zoidresearch.com
No comments:
Post a Comment