INSUBCONTINENT EXCLUSIVE:
Tata Motors shares continued to rise for a second straight session after the company reported Q2 resultsTata Motors shares soared 16 per
cent on Tuesday to touch their highest level recorded in more than three months
The Tata Motors stock rose continued its upmove for a second straight session after the auto maker reported its earnings for the quarter
On the National Stock Exchange (NSE), Tata Motors shares rose as much as 16.05 per cent to Rs 171.40 apiece during the session - an intraday
level last seen on July 17
Tuesday's surge followed a 16.44 per cent rise in the stock in a special, one-hour "Muhurat" trading session on Sunday. On the Bombay Stock
Exchange (BSE), Tata Motors shares jumped to as high as Rs 170.30 apiece during the session, marking a gain of 15.11 per cent from their
previous close Rs 147.95.In a regulatory filing after market hours on Friday, Tata Motors reported a consolidated net loss of Rs 217 crore
in the quarter ended September 30, better than Street estimates, as against Rs 1,049 crore in the corresponding period a year ago.Analysts
had on an average expected Tata Motors to report a loss of Rs 1,550 crore, news agency Reuters reported citing Refinitiv data.Get Breaking
news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
