Tata Motors gains on hopes JLR wholesales to improve

Reuters – Thu 11 Apr, 2013 9:41 AM IST

MUMBAI (Reuters) - Shares in Tata Motors(TAMO.NS) rose as much as 4.9 percent on Thursday on hopes unit Jaguar Land Rover Ltd (JLR) would report solid global wholesales for March, which are due later in the day.

JLR said retail volumes grew by 16 percent in March on Wednesday. That exceed expectations by 8 percent, Kotak Institutional Equities said in a report, adding it will maintain Tata Motors as its top pick among Indian auto makers, with a "buy" rating and a target price of 335 rupees.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

MARKET MOVERS

  • Most Actives
    NamePriceChange% Chg
    25.300.10+0.40%
    UNITECH.BO
    49.15-1.60-3.15%
    HDIL.BO
    68.000.70+1.04%
    JAIPRA.BO
    37.800.95+2.58%
    SPICEJET.BO
    108.302.35+2.22%
    RCOM.BO
    More Most Actives »
  • Price % Gainers
    NamePriceChange% Chg
    22.803.80+20.00%
    SAHPETRO.BO
    633.60105.60+20.00%
    TTKHE.BO
    46.357.70+19.92%
    KAVERITEL.BO
    364.4059.40+19.48%
    SANDUMA.BO
    141.4022.40+18.82%
    TCIDL.BO
    More Price % Gainers »
  • Price % Losers
    NamePriceChange% Chg
    36.00-8.45-19.01%
    GGDANDE.BO
    491.400.00+0.00%
    INDUSINDSL.BO
    28.10-4.85-14.72%
    KERALAYUR.BO
    77.00-13.00-14.44%
    RAPICUT.BO
    8.93-1.46-14.05%
    MINDVISCAP.BO
    More Price % Losers »

Latest News

  • Anand Sharma lays foundation for NID Hyderabad

    Hyderabad, May 25 (IANS) Commerce and Industry Minister Anand Sharma Saturday laid the foundation stone of the National Institute of Design (NID) here. The NID, which is coming up on 30 acres of land on ...

  • Himachal to reduce fertilizer use

    Shimla, May 25 (IANS) To reduce the use of fertilizers, Himachal Pradesh is going to check samples of soil under the Soil Health Programme, an official said here Saturday. The government has asked the ...

  • India Cements not to be impacted financially if CSK booted out of IPL

    Chennai, May 25 (IANS) India Cements may not be majorly impacted if its Indian Premier League (IPL) team, Chennai Super Kings' licence is revoked in the wake of the spot fixing scandal, industry analysts ...

  • Bangladesh allows transit for foodgrains for northeast India

    Agartala, May 25 (IANS) In a major policy change, Bangladesh will allow India ferry foodgrains for the mountainous northeastern states via its territory, a Tripura minister said here. "Initially, ...

  • Mizoram to lay roads with World Bank aid

    Aizawl, May 25 (IANS) The northeastern state Mizoram expects to get financial aid from the World Bank for the development of roads in the mountainous state, bordering Myanmar and Bangladesh, officials ...

  • Slips with holograms to replace coins on Kolkata buses

    Kolkata, May 25 (IANS) The familiar scenes of commuters arguing with conductors in Kolkata buses over short change may soon be a thing of past as the bus operators have now hit upon the idea of handing ...

  • Indian software industry to see strong revenue growth: PwC

    New Delhi, May 25 (IANS) The Indian software industry is poised for a strong revenue growth driven by social media, mobility, analytics and cloud, said a report published by PricewaterhouseCoopers (PwC). ...

  • Bhushan Steel to double Odisha plant capacity

    Bhubaneswar, May 25 (IANS) Indian steelmaker Bhushan Steel Limited (BSL) Saturday said it was all set to double the annual capacity of its steel plant in Odisha to six million tonne by the end of this ...

MAJOR STOCKS (A-G)

MAJOR STOCKS (H-N)

MAJOR STOCKS (O-Z)

MARKET COMMENTARY

  •  
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
    Save List to Portfolio »

  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Yahoo! Cricket