Tata Motors rallies 14% in four days on strong JLR, domestic sales

The stock moved higher by nearly 5% higher to Rs 372, extending their 9% surge on BSE in the past three days

Shares of Tata Motors have moved nearly 5% higher to Rs 372 per share, extending their 9% surge on BSE in the past three days, after Jaguar Land Rover (JLR) India reported a strong 83% rise in FY18 sales.

Tata Motors-owned JLR on Tuesday said it plans to bring 10 new products in India in 2018-19 (FY19), riding high on 83% jump in sales in the last fiscal.

Meanwhile, in March 2018, Tata Motors registered a growth of 35% at 69,440 units as against 51,309 units over last year due to the continued strong sales performance of its