Tata Motors’ stock price rose about three percent on Wednesday, Sept. 1, after the company released its sales figures for the past month. On Wednesday, Tata Motors opened on the BSE at Rs 288.50, fluctuating to an intraday high of Rs 297.30 and an intraday low of Rs 287.35, in the trading session so far.
Tata Motors reported domestic sales of 54,190 units in August 2021, compared to 35,420 units in the corresponding month last year, a 53 percent year-over-year growth. The company’s domestic and international sales for August 2021 were 57,995 vehicles, compared to 36,505 units in the same month last year, according to a regulatory filing by the company with the stock exchanges today.
In commercial vehicles, Tata Motors reported total domestic sales of 26,172 units in August, compared to 16,837 units in the same month last year, a 55 percent year-over-year growth. The company sold 29,781 units of its total commercial vehicles last month, compared to 17,889 units sold in August 2020, a 66 percent year-over-year growth.
In terms of passenger cars, Tata Motors reported total sales of 28,018 units in August 2021, compared to 18,583 units sold in the same period a year ago and 30,185 units sold in July 2021.
On the NSE, Tata Motors opened at Rs 289, with an intra-day high of Rs 297.40 and an intra-day low of Rs 287.30, in the session to date. It last traded 2.75 percent higher at Rs 295.20 on the NSE.
Shares of Tata Motors last traded 2.71 percent higher at Rs 295.15 on the BSE.