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Monday, 10 April 2017

The stock of Tata Motors closed 1.5% up at 475 levels, after hitting a high of Rs 478.15. Tata Motors DVR too closed 2% up, at 290 levels, and hit a high of 291.85 during intraday trade. Tata Motors Group reported 9% growth with 1.15 million vehicles sold at the end of the fiscal.

Tata Motors' March 2017 global wholesales along with Jaguar Land Rover came in at 129,951 units, higher by 9% as compared to March 2016. Cumulative wholesales FY17 came in at 11,55,253 units.

Global wholesales of commercial vehicles and Tata Daewoo range in March 2017, however, dropped by 6% to 42,596 units. Cumulative commercial vehicles wholesales came in at 397,259, marginally up by just 1%, over FY15-16. Global wholesales of all passenger vehicles in March 2017 grew by 19% at 87,355 units; while Cumulative passenger vehicle wholesales stood at 757,994 vehicles, higher by 12%, over FY15-16. Global wholesales for Jaguar Land Rover was 71,609 vehicles.

Jaguar wholesales for the month were 20,492 units and cumulative wholesales stood at 178,751 units. Land Rover wholesales for the month were 51,117 units and cumulative wholesales were 422,055 units. Cumulative wholesales for Jaguar Land Rover for the entire fiscal were 600,806 units.

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