Jlr Sales

Demand for Tata Motor's luxury arm JLR also remains strong, with maximum interest being seen for Range Rover, Range Rover Sport and Defender.

Is the worst over for Tata Motors? Here‘s what analysts feel

Strong product pipeline, better hedge rate and strong improvement from June quarter to help the stock, which has seen selling pressure.

Tata Motors' strong JLR sales in February

Total sales of Tata Motors are up by 14 percent coming in at 30, 487 units. Land Rover sales have jumped by 13 percent while Jaguar sales have risen by 15 percent. China sales are up by 44 percent Y-o-Y while UK sales have declined by 25 percent.

See near-term downside on Tata Motors: Kotak

Analysts see a downside on Tata Motors' stock in the near-term on the back of unimpressive volumes. However, a rise in volumes on the back of additions of new JLR models is foreseen which will surprise the street later, say an expert.