JLR's impressive sales to aid Tata Motors' momentum

Tata Motors-owned Jaguar-Land Rover (JLR) sales were up by about 25 percent year-on-year and Land Rover sales were up by 26 percent or so in December. While the number is in-line with expectations, the product mix has improved.

Even from margin parameters, the mix from China has gone up from 24 percent to 26 percent. So, this will help in terms of margins.

While the retail sales number was known a couple of days ago, so most of it is already factored in the price but nevertheless the good momentum for Tata Motors does continue.