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JLR FY24 Sales: This is one of the best performances in the market since the company’s launch in India in 2009, and its highest in the past five years, the company said. ....
Shares of Tata Motors on Tuesday jumped nearly 6 per cent after the company-owned Jaguar Land Rover (JLR) reported a 12.4 per cent rise in retail sales to 1,23,483 units in the fourth quarter of 2020-21. The stock gained 5.62 per cent to close at Rs 302.70 on BSE. During the day, it jumped 6.24 per cent to Rs 304.50. At the NSE, it surged 5.68 per cent to close at Rs 302.85. In traded volume terms, 78.13 lakh shares were traded on BSE and over 11.68 crore shares on NSE during the day. Stating that there is continuing recovery from the impact of COVID-19, JLR said its sales in China in Q4 were up 127 per cent compared to the year-ago period, when that market was heavily affected by the pandemic. ....