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The Economic Times
The Economic Times
Debaroti Adhikary

Tata Motors CV shares rise 4% as July sales jump 37% YoY. Nomura expects Iveco to support earnings recovery; check target price

Shares of Tata Motors, which now houses the company's commercial vehicle business, jumped more than 4% to Rs 454 on the BSE on Monday after reporting a 37% year-on-year rise in total commercial vehicle sales to 39,641 units in July.

Domestic sales increased 28% to 33,876 units from 26,432 a year earlier, while international volumes more than doubled, rising 128% to 5,765 units.

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