Tata Motors is trading higher by 4% to Rs 369, extending its Friday’s 2% gain on the BSE after the company reported 17% year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR) vehicles, at 98,842 units in February 2016. The company had sold 83,951 units in February 2016.
Global wholesales for JLR were 52,313 vehicles. Jaguar wholesales for the month were 10,247 vehicles and cumulative wholesales were 88,736 vehicles, while Land Rover wholesales for the month were 42,066 vehicles and cumulative wholesales were 390,770 vehicles.