India's Tata Motors hits record high on over two-fold rise in Q3 profit

A Tata Motors logo.

Credit: Reuters Photo

Bengaluru: Shares of Tata Motors , India's most valuable carmaker, rose as much as 7.2 per cent to a record high of 941.9 rupees on Monday after it reported a more than two-fold increase in third-quarter profit, driven by strong sales in its British luxury car unit, Jaguar Land Rover (JLR).

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