JLR sales push drives TaMo 2% higher

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Tata Motors climbed about 2 per cent on Wednesday morning, extending winning spell to fourth straight session, buoyed
by upbeat JLR sales in US and Indian market
A report last week said total JLR sales in US for December 2018 jumped nearly 24 per cent to 14,079 units against 11,394 in December 2017
For entire year, US JLR sales rose by 7.3 per cent to 1,22,626 units, compared with 1,14,333 in 2017, Reuters data suggested
JLR India on Tuesday announced sales growth of 16 per cent at 4,596 units in January-December 2018
With 4,596 units sold, Jaguar Land Rover India recorded its highest calendar year volume to date. Shares of company traded 1.09 per cent up
at Rs 181.30 around 9:55 am
The benchmark Sensex was 0.63 per cent up at 36,209 at that point