The Tata Motors stock was up eight per cent over the past week, on an expectation that higher global Jaguar Land Rover (JLR) sales, as well as positive China economic indicators, would boost volumes. Further, the company at a consolidated level is less impacted than its peers due to demonetisation. In this backdrop of healthy growth prospects, investors could expect more gains from the scrip. JLR’s global sales were up two per cent year-on-year in November. This was led by a 42 per cent jump in China and a 19 per cent increase in the US, offset by a decline in the UK and Europe volumes. Also, sales of more profitable Jaguar vehicles were higher. Jaguar volumes increased 83 per cent, led by the new F-Pace and XF variants. For the first 11 months of this calendar year, the company sold 527,000 units, up 21 per cent over the year-ago period.