Tata Motors sales dip 24%

Written By Unknown on Senin, 02 Juni 2014 | 23.07

Domestic passenger as well as commercial vehicle sales declined by 24 percent to 34,334 units in May, down from 45,430 units a year earlier.

Tata Motors  today reported 24 percent decline in total vehicle sales to 37,525 units last month. It had sold 49,304 vehicles in May 2013.

Domestic passenger as well as commercial vehicle sales declined by 24 percent  to 34,334 units in May, down from 45,430 units a year earlier.

Sales of passenger vehicles in May 2014 stood at 9,230 units, down 17 percent , from 11,134 vehicles sold in the same month of last year.

The company sold 6,932 units of Nano, Indica and Indigo cars and 2,298 units of Sumo, Safari, Aria and Venture vehicles in May, the company said in a statement.

In the commercial vehicles segment, domestic sales declined by 27 percent  to 25,104 units from 34,296 units in May last year.

Tata Motors stock price

On June 02, 2014, Tata Motors closed at Rs 421.10, up Rs 5.65, or 1.36 percent. The 52-week high of the share was Rs 464.20 and the 52-week low was Rs 263.10.


The company's trailing 12-month (TTM) EPS was at Rs 1.04 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 404.9. The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company is 7.08.


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