Tata Motors gains 4%, nears 52-week high on strong December sales data

Tata Motors' total vehicle sales grew 21 per cent in domestic markets in December

Shares of Tata Motors rose 4 per cent to hit an over 11-month high of Rs 193 on the BSE in Monday's early morning trade after the company reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December.

The stock of commercial vehicles was trading close to its 52-week high of Rs 201.80 touched on January 15, 2020. In the past one week, Tata Motors has gained 9 per cent, as compared to a 2.4 per cent rise in the S&P BSE Sensex. In three months, it has rallied 43 per