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Tata Motors regains Rs 1 trillion market cap as stock zooms 102% in 6 weeks

While a scrappage policy together with push on infrastructure by the Indian government should boost near term demand.

ata Motors upgraded BS6 range of commercial vehicles
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The stock touched its highest level since May 2018 on the BSE in intra-day trade today

SI Reporter Mumbai
Shares of Tata Motors continued their northward movement in Wednesday's session with the stock regaining a market capitalisation of Rs 1 trillion following a sharp rally in the prices.

Tata Motors stock rallied 6 per cent to Rs 341, up 102 per cent in past six weeks, on healthy operational performance and expectation of improvement in the company's outlook. The stock touched its highest level since May 2018 on the BSE in intra-day trade today. 

At 10:53 am, the scrip was trading 2.7 per cent higher at Rs 331 with the market capitalisation of Rs 1.02 trillion, BSE data showed.

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