Tata Motors stock rises over 4% after automaker reports strong September quarter numbers
Tata Motors on Thursday reported a consolidated net profit of Rs 3,764 crore for the second quarter, in stark contrast to a consolidated net loss of Rs 944.6 crore for the corresponding period a year ago.
Tata Motors Share Price: Shares of Tata Motors are rising higher in early morning deals on BSE on Friday (November 3) in the first trading session after the automaker reported its second-quarter results on Thursday.
The stock of the company was up by 1.72 per cent, or Rs 10.95, at 647.75, at 9:35 on Friday.
Before the company announced its September quarter results on Thursday, its shares ended the session at Rs 636.80 each. The stock opened at Rs 661.0 on Friday before rising to the day's high of Rs 665.45.
Tata Motors Q2 Results
Tata Motors on Thursday reported a consolidated net profit of Rs 3,764 crore for the second quarter, better than Zee Business research estimates and in stark contrast to a consolidated net loss of Rs 944.6 crore for the corresponding period a year ago.
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