Tata Motors shares continue their smooth drive; up over 2%

Shares of Tata Motors rose by over 2 per cent today after the company-owned Jaguar Land Rover (JLR) reported retail sales of 51,591 units for June, up 11 per cent from the same month last year.

The stock gained 2.28 per cent to settle at Rs 456.95 on BSE. During the day, it rose by 3.46 per cent to Rs 462.25.

On NSE, it ended 2.23 per cent higher to close at Rs 456.95.

On the volume front, 12.57 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.

The stock had gained over 2 per cent in the previous session also.

"Jaguar Land Rover saw another positive performance in June, led by strong sales in China, both from imported vehicles and our Chinese joint venture," JLR Group Sales Operations Director Andy Goss said in a statement on Saturday.