F-Pace sales came down to 1,200 units in August as compared to 1,600 units in July but XE sales increased in same period. Land Rover sales were up 15 percent Y-o-Y in month gone by versus 21 percent jump in July. On the other side, incentives in Lang Rover continued to increase with August incentives up 179 percent Y-o-Y and 75 percent M-o-M. Lately, Tata Motors has raised volume growth at JLR to 14 percent for the year. In other news, the auto company has secured orders worth Rs 900 crore from state and city transport units in last 5 months.
Tata Motors share price settled at Rs. 588.70 touching the day’s high and low at Rs. 593.30 and Rs. 556.35. Today’s trading session saw approximately 1,58,06,067 shares being traded in the counter with a traded volume Rs. 90,929.14 lacs, as per NSE.
Tata Motors share price touched its 52 week low value at Rs. 265.80 on 11th Feb ’16. The company has a market amounting to Rs. 186711.48 (Cr) with a book value of Rs. 237.83.
In order to acquire further details on the closest support and resistance level, refer to Tata Motors share price forecast.
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