Mumbai, May 8 -- Shares of Tata Motors has risen 5.87% in two sessions.

The recently announced FTA between India and the UK has lifted hopes for Tata-owned Jaguar Land Rover (JLR), as the deal is expected to slash vehicle import duties from 100% to 10% under a quota system. This could significantly improve JLR's competitiveness and sales volumes in the Indian market.

Adding to the momentum, JLR posted strong Q4 performance with wholesale volumes up 14.4% in North America and 10.9% in Europe. Despite some softness in China, total volumes rose 6.7% sequentially and 1.1% year-on-year, helping the company achieve a net cash positive status - a key milestone under its "Reimagine" strategy.

Meanwhile, Tata Motors' strategic demerger - aimed ...