The numbers for the month of July are out for Tata Motors (NYSE:TTM) and they look good:
* Total vehicle sales jumped 44.5% YoY to 45,056.
* Commercial vehicles (domestic market) jumped 54.3% YoY to 21,534.
* Passenger vehicle sales jumped 40.4% YoY to 18,238.
* Indica Model sales jumped 62% over last July.
* However, Indigo sales declined 16.5% YoY.
* SUV’s Sumo and Safari sales jumped 46.8% over last July.
TTM 1-yr chart: