Tata Motors's Stock Jumps Over 8% After Earnings Declaration

Tata Motors on Wednesday reported a consolidated net profit of Rs 3,043 crore in the December quarter, its first profit in two years, on account of robust sales.

Shares of Tata Motors on Friday jumped over 8 per cent in morning trade after the firm reported a consolidated net profit of Rs 3,043 crore in the December quarter.

The stock climbed 8.16 per cent to Rs 453.20 on the BSE.

At the NSE, it zoomed 8.19 per cent to Rs 453.40.

Tata Motors on Wednesday reported a consolidated net profit of Rs 3,043 crore in the December quarter, its first profit in two years, on account of robust sales.