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Tata Motors in demand after global wholesales rise 1% YoY in Q3


Tata Motors rose 2.88% to Rs 244.65 after the Tata Motors Group global wholesales in Q3 FY21, including Jaguar Land Rover, stood at 2.78 lakh units, recording a 1% growth year-on-year (Y-o-Y) compared with Q3 FY20.
Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in Q3 FY21 were at 90,365 units, falling 4% year-on-year (Y-o-Y) over Q3 FY20. Global wholesales of all passenger vehicles (PV) in Q3 FY21 stood at 1.88 lakh units, rising 4% Y-o-Y as against Q3 FY20.
Global wholesales for Jaguar Land Rover were at 1.19 lakh units (JLR number for Q3 FY21 includes CJLR volumes of 17,078 units) while Jaguar wholesales for the quarter stood at 22,466 vehicles and Land Rover wholesales for the quarter at 97,192 vehicles. ....

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