UPDATE 1-India Tata Motors says Q2 net up 30.1 pct, stock down

Newswire

(Changes dateline, adds quotes, detail, updates stock price) MUMBAI/NEW DELHI, Oct 30 (Reuters) - Tata Motors Ltd. , India's top truck maker, reported on Monday quarterly standalone profit rose by a slightly lower-than-expected 30.1 percent as higher raw material costs dampened rising truck and car sales. After the announcement, Tata Motors shares fell nearly 4 percent to 851 rupees in a firm Mumbai market. Vehicle sales in the past quarter had risen 30.5 percent on year to 139,704, the ...

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