Tata Motors shares in focus on December sales numbers
Tata Motors are expected to remain in focus on Thursday as the company reported a 1% year-on-year growth in its December 2024 sales numbers at 76,599 units versus 76,138 units in the year ago period.
Meanwhile, Tata Motors domestic and international sales for Q3FY25 stood at 2,35,599 vehicles, compared to 2,34,981 units during Q3FY24. It was up by 0.26% on a YoY basis.
Total commercial vehicles (CV) sales stood at 95,770 units, which was down 1% YoY while the total PV sales was reported at 1,39,829 units, up 1% YoY.
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at Rs 749.25 on the NSE, up by Rs 8.55 or 1.15%.
Tata Motors shares have fallen from their 52 week peak of Rs 1,179 to Rs 749.85, witnessing a 36% decline. Over a 1-year period, its share price has declined by 5% versus 9% uptick in Nifty.
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