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Tata Motors share price rises 6% on rise in JLR wholesale volumes

 




• On 9 January Jaguar Land Rover forecast free cash flow of more than £400 million ($485 million) for the third quarter, after reporting a 15% increase in wholesale volumes for the period

Share price of Tata Motors rose 6% or ₹23.85 to ₹413.25 in morning trade on 10 January. The automaker's subsidiary Jaguar Land Rover (JLR) on January 9 forecast free cash flow of more than 400 million pounds ($485) for the third quarter. million), after registering a 15% increase in wholesale volumes thanks to a period of strong demand and improved chip supply.

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