Tata Motors shares rise 3% ahead of small car launch

Shares of Tata Motors were in the limelight on Thursday as the auto major unveils the world's cheapest car at an auto show in New Delhi on Thursday.

MUMBAI: Shares of Tata Motors were in the limelight on Thursday as the auto major unveils the world's cheapest car at an auto show in New Delhi on Thursday.

At 11:19 am, the shares were up 3.12 per cent at Rs 794.50 after rising to a high of 799.90 with volume traded at 1,23,156 against two-week average of 2,85,995 shares.

The much awaited car, priced at Rs 1 lakh, is aimed at enabling more people in India and other developing nations to move up from two wheels to four.
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