Tata, Tesla Lead Good Showing By Auto Stocks

By | August 11, 2014

Scalper1 News

Shares of Tata Motors (TTM) gapped up sharply shortly after the market opened Monday in an impressive start for the week. The catalyst? India’s auto and truck maker reported sharply higher quarterly revenue and earnings vs. last year on strong sales of its luxury Jaguar Land Rover brands, offset somewhat by weakness in the commercial vehicle market. Tata shares finished up 2.91, or nearly 8%, to 41.15 in more than double usual trading volume in Scalper1 News

Scalper1 News