Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Tata Motors shines as its arm Jaguar Land Rover starts work on China plant

19-Nov2012

Tata Motors shines as its arm Jaguar Land Rover starts work on China plant

Tata Motors is currently trading at Rs. 265.55, up by 0.50 points or 0.19% from its previous closing of Rs. 265.05 on the BSE.

The scrip opened at Rs. 265.05 and has touched a high and low of Rs. 267.15 and Rs. 262.00 respectively. So far 3, 96,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 320.60 on 20-Apr-2012 and a 52 week low of Rs. 160.20 on 21-Nov-2011.

Last one week high and low of the scrip stood at Rs. 283.90 and Rs. 262.00 respectively. The current market cap of the company is Rs. 71,900 crore.

The promoters holding in the company stood at 34.74% while Institutions and Non-Institutions held 40.38% and 8.47% respectively.

Tata Motors's wholly owned subsidiary Jaguar Land Rover and Chinese car maker Chery Automobile Company have started setting up a new manufacturing facility in China under the equal partnership, called Chery Jaguar Land Rover Automotive Company. Both the companies have received Chinese government approval for the same.

Chery Jaguar Land Rover Automotive will manufacture Jaguar Land Rover vehicles and new models for a partnership brand in China. Both the companies are planning to build a joint venture manufacturing plant in Changshu, near Shanghai, as part of a 10.9 billion RMB investment that will include a new research and development centre and engine facility for production of fuel efficient engines. The two companies plan to complete the Changshu facility in Jiangsu province during 2014.


Related News

View all news

Bharti Infratel trades higher on the BSE

Bharti Infratel is currently trading at Rs. 409.00, up by 2.35 points or 0.58% from its previous closing of Rs. 406.65 on the BSE.The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 412.00......

IRB Infrastructure Developers trades weak on the bourses

IRB Infrastructure Developers is currently trading at Rs. 210.00, down by 14.30 points or 6.38% from its previous closing of Rs. 224.30 on the BSE.The scrip opened at Rs. 226.85 and has touched a high......

Hero MotoCorp trades in red on the bourses

Hero MotoCorp is currently trading at Rs. 2286.90, down by 43.05 points or 1.85% from its previous closing of Rs. 2329.95 on the BSE.The scrip opened at Rs. 2330.00 and has touched a high and low of Rs.......

Top News

View all news

Lupin, Tata Steel, Cipla and NBCC to see some action today

Lupin Pharmaceuticals, a subsidiary of Lupin, has launched its Duloxetine 40 mg Delayed-Release (DR) Capsule, which is the first and only generic Duloxetine formulation to become available in 40 mg dosage......

Near-term growth prospects remain favourable in India: IMF

International Monetary Fund (IMF) in its report 'Global prospects and policy challenges', meant for the G20 meeting of finance ministers in Ankara has stated that near-term growth prospects remain favourable......

HDFC Bank, ITC, Infosys and Syngene International to see some action

HDFC Bank, India's second largest private bank, cut its base rate by 35 basis points to 9.35%, from the existing 9.70 percent, thereby making loans from the bank cheaper. Earlier in June, the bank had......