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14-Sep2018

Tata Motors soars on launching AMT version of its compact SUV Nexon in Nepal

Tata Motors is currently trading at Rs. 267.20, up by 4.55 points or 1.73% from its previous closing of Rs. 262.65 on the BSE.

The scrip opened at Rs. 265.15 and has touched a high and low of Rs. 267.95 and Rs. 263.35 respectively. So far 419355 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 466.95 on 06-Nov-2017 and a 52 week low of Rs. 243.25 on 13-Aug-2018.

Last one week high and low of the scrip stood at Rs. 282.00 and Rs. 259.00 respectively. The current market cap of the company is Rs. 76803.47 crore.

The promoters holding in the company stood at 36.37%, while Institutions and Non-Institutions held 36.97% and 12.92% respectively.

Tata Motors has launched the automated manual transmission (AMT) version of its compact SUV Nexon in Nepal. The Nexon AMT will be available in 1.2 litre petrol and 1.5 litre diesel engine options priced at NPR 46.75 lakh and NPR 47.95 lakh respectively. The vehicle launched in partnership with the company's distributor, Sipradi Trading is available for sale in 19 authorised sales outlets across Nepal.

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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