Tata Motors climbs 3% as JLR sales climb

Tata Motors, India's largest automobile company, climbed on Wednesday after it announced 32.3% rise in Jaguar-Land Rover (JLR) sales during January 2013 to 34,877 units as compared with 26,355 units sold in the same period last year.

Jaguar sales went up by 40.3% to 5,759 units while Land Rover witnessed a rise of 30.9% to 29,118 units. Shares ofthe companyare trading at Rs 307.80, up Rs 9.5, or 3.18% at the Bombay Stock Exchange (BSE) on Wednesday at 10:02 a.m.The scrip has touched an intra-day high of Rs 312 and low of Rs 307. The total volume of shares traded at the BSE is 234,933.In the earlier session, the shares climbed 2.65%, or Rs 7.7, at Rs 298.30. Currently, the stock is trading down 8.68% from its 52-week high of Rs 337.05 and above 51.66% over the 52-week low of Rs 202.95.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 286.15 12.15 4.25 1 Month 328.00 (29.70) (9.05) 3 Months 272.25 26.05 9.57 6 Months 240.45 57.85 24.06 1 Year 267.90 30.40 11.35 Note: Based on previous day closing price.