Tata Motors shares soar practically 4% after gross sales knowledge

Shares of Tata Motors on Monday gained practically 4 per cent after the corporate reported a 50 per cent soar in complete passenger automobile gross sales in December 2021.
The inventory jumped 3.59 per cent to Rs 499.70 on the BSE.
On the NSE, it gained 3.60 per cent to Rs 499.80.
Homegrown auto main Tata Motors on Saturday reported a 50 per cent soar in complete passenger automobile gross sales to 35,299 models in December 2021.
The firm had offered a complete of 23,545 models in the identical month a yr in the past, Tata Motors mentioned in a regulatory submitting.
In the third quarter ended December 2021, the corporate mentioned its complete passenger automobile gross sales stood at 99,002 models as in contrast with 68,806 models offered the identical interval within the earlier yr, up 44 per cent.
“Tata Motors PV business growth journey continued and set several new milestones during the quarter despite witnessing a shortfall in production due to the ongoing semi-conductor crisis,” Tata Motors President (Passenger Vehicles Business Unit) Shailesh Chandra mentioned.