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Tata Motors reports December 2012 sales of 65,582 units

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in December 2012 were 65,582 vehicles. The company's domestic sales of Tata commercial and passenger vehicles for December 2012 were 61,700 nos.

Cumulative sales (including exports) for the company for the fiscal were 613,750 nos.

The company's sales of commercial vehicles in December 2012 in the domestic market were 47,515 nos. LCV sales were 37,649 nos., while M&HCV sales stood at 9,866 nos.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 390,370 nos. Cumulative LCV sales were 281,192 nos., while M&HCV sales stood at 109,178 nos.

Sales of passenger vehicles for December 2012 were at 14,185 nos., compared to 28,916 nos., sold last December. The newly introduced Manza Club Class and Safari Storme are growing well in their respective segments. Due to increasing demand, the Safari Storme has been released only in the NCR region, Punjab, Uttar Pradesh, Rajasthan, Madhya Pradesh, Chhattisgarh, Maharashtra and Goa, and is being expanded in phases. Sales of the Nano/ Indica/ Indigo range were 11,257 nos. The Sumo/ Safari/ Aria/ Venture range sales were 2,928 nos.

Cumulative sales of passenger vehicles were 183,977 nos. Cumulative sales of the Nano/ Indica/ Indigo range were at 146,828 nos. Cumulative sales of the Sumo/Safari/ Aria/ Venture range were 37,149 nos.

The company's sales from exports are 3,882 vehicles in December 2012. Cumulative sales from exports for the fiscal were 39,403 nos.

The Tata Motors stock was trading at Rs.317.95, up by Rs.1.55 or 0.49%. The stock hit an intraday high of Rs.320.85 and low of Rs.316.60.

The total traded quantity was 5.13 lakhs compared to 2 week average of 10.50 lakhs.

Source: Equity Bulls

Posted On: 2013-01-01 23:48:31

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