Tata Motors gains after JLR sales rise 32 percent in Jan

MUMBAI Wed Feb 13, 2013 9:29am IST

A Jaguar Land Rover Freelander 2 vehicle is displayed for the media at the company's newly-inaugurated production plant in Pune, 190km (118 miles) south of Mumbai May 27, 2011. REUTERS/Danish Siddiqui/Files

A Jaguar Land Rover Freelander 2 vehicle is displayed for the media at the company's newly-inaugurated production plant in Pune, 190km (118 miles) south of Mumbai May 27, 2011.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

MUMBAI (Reuters) - Shares in Tata Motors (TAMO.NS) rose 3.5 percent in early trade after its unit Jaguar Land Rover (JLR) said it sold 34,877 vehicles during the first month of 2013, an increase of 32 percent versus the same period last year.

Nomura said in a report on Monday that there is a likelihood that actual volumes of JLR may come in above its estimates or 35,000 units.

(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)

FILED UNDER:

REUTERS EXCLUSIVE

Reuters Showcase

Inflation Targeting

Inflation Targeting

India sets inflation target in monetary policy overhaul.  Full Article 

Rich List

Rich List

Bill Gates tops Forbes rich list, Michael Jordan joins.  Full Article 

Tough Task

Tough Task

India needs sustained GDP growth of 9-10 percent - Jaitley.  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

PMI Data

PMI Data

Factory activity growth slows to five-month low in Feb  Full Article 

Coal Auction

Coal Auction

India examines coal mine bids amid reports of discrepancies  Full Article 

Ola Buys Rival

Ola Buys Rival

Ola buys rival TaxiForSure for $200 million  Full Article 

Environment Watch

Environment Watch

Deforestation could shift monsoons, leaving India high and dry.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage