Tata Motors stock ends flat on bourses

Shares of Tata Motors ended on a flat note in an overall weak stock market, a day after the company reported 9 percent growth in global sales, including those of Jaguar Land Rover, in March.

Mumbai: Shares of Tata Motors ended on a flat note in an overall weak stock market, a day after the company reported 9 percent growth in global sales, including those of Jaguar Land Rover, in March.

After rising 1.94 percent to Rs 550.80 apiece in the intra-day trade at the BSE, shares of the company finally ended at Rs 540.40 per scrip, up 0.02 percent.

At the NSE, the stock closed at Rs 541.25 apiece, up 0.14 percent from its previous close.

In terms of volume, 3.57 lakh shares of the company changed hands at the BSE and over 40 lakh shares were traded at the NSE during the day.

Tata Motors yesterday reported a growth rate of 9 percent in global sales, including Jaguar Land Rover's, at 1,03,952 units in March as against 95,668 units in the same month last year.

In the passenger vehicles category, global sales last month stood at 65,466 units, up 16 percent, as compared to 56,420 units in March 2014, the company had said in a statement yesterday.

Sales of luxury brand Jaguar Land Rover rose by 16 percent to 50,093 units during the month as compared to 43,311 units during the same month a year ago.

Meanwhile, in the broader market the BSE benchmark Sensex ended the day with a loss of 133.65 points at 28,666.04.

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.