On Wednesday, Tata Motors reported a 38 per cent jump in the total passenger vehicle domestic sales at 29,778 units on a year-on-year basis, while the auto giant's total domestic sales grew 21 per cent at 58,073 units YoY.
In the passenger vehicle category, the company's internal combustion engine sales stood at 28,027 in November 2021 compared to 21,228 in November 2020. It's a growth of 32 per cent YoY. In the segment of electric vehicles, Tata Motor's domestic sales increased by 324 per cent YoY to 1,751 units, compared to 413 in November 2020.
In November 2021, Tata Motors Limited sales in the domestic international market stood at 62,192 vehicles, compared to 49,650 units in November 2020, a Tata Motors statement said.
In November 2021, Tata Motor saw a 15 per cent increase in sales at 32,245 in the category of commercial vehicles, compared to 27,982 in November 2020.
In November 2021, the total MHCVs sale, including M&HCV Truck, Buses and International Business, stood at 9,505 units, compared to 6,340 units in November 2020, the company said.
Commercial vehicle exports saw the highest 124 per cent increase on a YoY basis at 3,950 units in November 2021 compared to 1,764 units sold in November 2020. In November 2021, there was no change in the cargo and pickups category of the small commercial vehicle category, at 15,747 units sold.
Tata Motors sold 6,266 medium and heavy commercial vehicles and 5,099 units of intermediate light commercial vehicles, recording a 10 per cent and 27 per cent increase in sales YoY. Passenger carriers saw 73 per cent YoY growth in sales at 1,183 units.
The stock of Tata Motors is trading at Rs 469.85 on the NSE today, up 11.25 or 2.45 per cent.