Tata Motors Shares Surge as Sales Climb 26%

Tata Motors Passenger Vehicles reported a significant 26% increase in sales for November, which led to a nearly 2% rise in their stock prices on both BSE and NSE. The company dispatched 59,199 units this month, showing robust market performance and generating higher trading volumes.

Tata Motors Passenger Vehicles experienced a boost in their stock prices on Monday, closing nearly 2% higher after the company announced a 26% increase in November sales.

The stock settled at Rs 363.75 on the BSE, marking a rise of 1.93%, and touched Rs 365 during intra-day trading. On the NSE, shares increased by 1.96% to Rs 363.80.

November's sales figures reached 59,199 units, showing a substantial year-on-year growth, with 57,436 units sold domestically reflecting a 22% rise.

(With inputs from agencies.)