Research Icon - Tata Motors slips 2% on weak October sales data

Shares of Tata Motors slipped 2 percent in early trade on November 4 on back of weak sales numbers for the month October 2019.

On November 1, the company reported a 34 percent fall in its October 2019 sales (domestic & international market) at 41,354 vehicles.

The carmaker had sold 62,264 units in October last year.

The company's domestic sales for October 2019 was down 32 percent at 39,152 units against 57,710 units YoY.

The total CV sales fell 36 percent at 28,002 units against 43,813 units and M&HCV sales shed 63 percent at 4,893 units against 13,185 units, YoY.

For Quick Trial – 8871888787