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Tata Motors gains 4% on heavy volumes; stock surges 12% in one month

Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.

SI Reporter Mumbai

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Photo: Shutterstock

3 min read Last Updated : Jan 24 2023 | 12:33 PM IST

Shares of Tata Motors were trading higher for the third straight day, surging 4 per cent to Rs 423.80 on the BSE in Tuesday’s intra-day trade amid heavy volumes ahead of Jaguar Land Rover (JLR) third quarter results. The average trading volumes at the counter more-than-doubled today, with a combined 19.24 million equity shares changing hands on the NSE and BSE till 11:43 AM. In comparison, the S&P BSE Sensex was up 0.19 per cent at 61,059.