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Tata Motors shares close over 6% higher on strong JLR sales in September

The company's luxury car division Jaguar Land Rover has reported a 61 per cent surge in US sales in September.

BT Online | October 5, 2015 | Updated 17:00 IST
Tata Motors shares rise over 6% on strong JLR sales in September
Photo: Reuters

Shares of Tata Motors rose over 6 per cent on Monday after its luxury car division Jaguar Land Rover (JLR) reported a 61 per cent surge in US sales in September.

However, the company's overall passenger and commercial vehicles sales fell by two per cent in September at 45,215 units compared to 46,154 units in September 2014.

Shares of the company closed at Rs 315.20 apiece, higher by 6.13 per cent from its previous close on Bombay Stock Exchange.

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