Tata Motors shares up 2% as global sales rise in March

Stocks of Tata Motors went up by 2% today as the company reported a 9% growth in in global sales, including those of Jaguar Land Rover, in March.

The stock rose by 1.38% to Rs 550.80 apiece on the BSE.

On the NSE, it gained 1.99% to Rs 551.25 per scrip.

Tata Motors had yesterday reported a growth of 9% in global sales, including Jaguar Land Rover's, at 1,03,952 units in March as against 95,668 units in the same month last year.

In the passenger vehicles category, global sales last month stood at 65,466 units, up 16 per cent, as compared to 56,420 units in March 2014, the company had said in a statement yesterday.

Sales of luxury brand Jaguar Land Rover rose by 16% to 50,093 units during the month as compared to 43,311 units during the same month a year ago.