Photo: APNew Delhi: Shares of Tata Motors Ltd rose nearly 3% on Tuesday after the company’s UK subsidiary Jaguar Land Rover Plc reported 16.23% increase in its sales in India in 2018. Tata Motors shares gained 2.34% to ₹179.35 apiece on the BSE after surging 2.99% to ₹180.50 intraday. On Tuesday, JLR reported 16.23% increase in its sales in India at 4,596 units in 2018. The company had sold 3,954 units in 2017, JLR India said in a statement. The sales were driven by models such as Land Rover Discovery Sport, Range Rover Evoque, Jaguar F-Pace, XE and XF, it added.

Source: Mint January 08, 2019 13:41 UTC