Friday, 3 May 2019

Tata Motors Adds 3% Despite Dismal April Sales

Shares of Tata Motors added nearly 3 percent intraday on May 3 despite the company reporting muted sales for April 2019.

The company in its BSE release said that domestic sales dropped 20 percent in April 2019, at 42,577 units against 53,511 units YoY.

The Mumbai-based car and truck manufacturer said its commercial sales went down by 18 percent at 29,883 units last month compared to 36,276 units in April 2018.

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