Shares of Tata Motors (TTM +6.2%) zoom higher after the automaker reports a 41% Y/Y profit gain...

|About: Tata Motors Limited (TTM)|By:, SA News Editor

Shares of Tata Motors (TTM +6.2%) zoom higher after the automaker reports a 41% Y/Y profit gain for its FQ3, aided by sales in China and at its Jaguar-Land Rover unit. Revenue totaled 452.6B rupees ($8.5B), up 44%; profit was 34B rupees ($641.8M). Jaguar and Land Rover sales rose 37% to 86,322, "supported by the overwhelming response to the recently launched Range Rover Evoque."