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29-Aug2017

Tata Motors catches speed on the bourses

Tata Motors is currently trading at Rs. 381.20, up by 2.00 points or 0.53% from its previous closing of Rs. 379.20 on the BSE.

The scrip opened at Rs. 379.20 and has touched a high and low of Rs. 382.00 and Rs. 376.55 respectively. So far 78631 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.60 on 07-Sep-2016 and a 52 week low of Rs. 357.95 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 387.25 and Rs. 372.35 respectively. The current market cap of the company is Rs. 108982.97 crore.

The promoters holding in the company stood at 34.73%, while institutions and non-institutions held 39.59% and 25.68% respectively.

Automobile major Tata Motors is reportedly aiming to move to 'third position' in terms of the passenger vehicle (PV) market in a year or two. In this regard, the company is focusing on new launches along with strengthening of its distribution network.

In terms of passenger vehicle, the volumes have gone up and the company's market position in the segment improved to fifth from seventh or eighth.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.


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