Tata Motors falls after weak global sales

Tata Motors, India"s largest automobile company, fell on Tuesday after it has posted global wholesales, including Jaguar Land Rover, were 103,656 nos., in September 2012, lower by 4% over September 2011. Cumulative wholesales for the fiscal are 579,037, higher by 8%, compared to the corresponding period in 2011-12. Global wholesales of all commercial vehicles - Tata, Tata Daewoo and the Tata Hispano Carrocera range - were 54,761 nos., in September 2012, higher by 3%, over September 2011. Cumulative wholesales for the fiscal were at 283,546 nos., higher by 2%, over September 2011.

Shares ofthe companyare trading at Rs 264.95, down Rs 4.4, or 1.63% at the Bombay Stock Exchange (BSE) on Tuesday at 9:26 a.m.The scrip has touched an intra-day high of Rs 265.95 and low of Rs 262.95. The total volume of shares traded at the BSE is 90,605.In the earlier session, the shares lost 0.44%, or Rs 1.2, at Rs 269.35. Currently, the stock is trading down 17.36% from its 52-week high of Rs 320.60 and above 65.39% over the 52-week low of Rs 160.20.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 269.70 (0.35) (0.13) 1 Month 270.30 (0.95) (0.35) 3 Months 221.55 47.80 21.58 6 Months 319.35 (50.00) (15.66) 1 Year 188.00 81.35 43.27 Note: Based on previous day closing price.