Tata Motors declined 0.91% to Rs 495.45 at 09:35 IST on BSE after the company reported that the group's global wholesales rose 2.37% to 83,906 units in November 2014 over November 2013.
Tata Motors made the announcement after trading hours on Friday, 12 December 2014.
Meanwhile, the BSE Sensex was down 114.34 points, or 0.42%, to 27,236.34
On BSE, so far 28,279 shares were traded in the counter, compared with an average volume of 3.57 lakh shares in the past two weeks.
The stock saw initial volatility. The stock hit a high of Rs 498.85 and a low of Rs 492.55 so far during the day. The stock hit a 52-week high of Rs 550.80 on 18 November 2014. The stock hit a 52-week low of Rs 331.05 on 4 February 2014.
The large-cap company has an equity capital of Rs 547.34 crore. Face value per share is Rs 2.
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Tata Motors after trading hours on Friday, 12 December 2014, said that Tata Motors Group's global wholesales rose 2.37% to 83,906 units in November 2014 over November 2013. Global wholesales for Jaguar Land Rover (JLR) rose 3.4% to 41,318 units in November 2014 over November 2013.
Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range fell 3.26% to 30,233 units in November 2014 over November 2013. Global wholesales of all passenger vehicles rose 5.85% to 53,673 units in November 2014 over November 2013. Global wholesales of Tata Motors' passenger vehicles rose 14.96% to 12,355 units in November 2014 over November 2013.
Tata Motor's consolidated net profit fell 7.1% to Rs 3290.86 crore on 6.5% rise in total income to Rs 60809.13 crore in Q2 September 2014 over Q2 September 2013.
Tata Motors is India's largest automobile company, with consolidated revenues of Rs 2,32,834 crore ($38.9 billion) in 2013-14. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 8 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, CIS and Russia.
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