Indian Automaker Tata Reports Strong Sales, Stock Continues To Climb (TTM)

| About: Tata Motors (TTM)
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Tata Motors Ltd. (NYSE: TTM) today reported that vehicle sales rose 27 per cent in March to 56,406 units from 44,432 units a year earlier. The month saw the highest ever monthly sales for Tata Motors. Also, exports rose 64 per cent to 6,508 units from 3,964 units. Commercial vehicles rose 33 per cent to 27,289 units from 20,473 units, while sales of cars and utility vehicles rose 13 per cent to 22,609 units. (Financial Express)

Tata Motors continues its impressive run as it sits pennies away from its 53 week high. With unlimited growth potential in the booming Indian market it doesn’t seem like there will be anything slowing down this stock:

TTM 1-yr chart: