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20-Feb2019

Tata Motors surges on the bourses

Tata Motors is currently trading at Rs. 165.30, up by 1.80 points or 1.10% from its previous closing of Rs. 163.50 on the BSE.

The scrip opened at Rs. 165.00 and has touched a high and low of Rs. 166.50 and Rs. 163.85 respectively. So far 266066 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 376.80 on 27-Feb-2018 and a 52 week low of Rs. 141.90 on 08-Feb-2019.

Last one week high and low of the scrip stood at Rs. 165.80 and Rs. 151.60 respectively. The current market cap of the company is Rs. 47800.06 crore.

The promoters holding in the company stood at 37.27%, while Institutions and Non-Institutions held 36.46% and 14.73% respectively.

Tata Motors has signed a long-term wage settlement (LTS) agreement with its employees. Under the agreement, workmen will get a wage rise of Rs 9,000 per month along with other incentives based on performance. Around 6,500 workmen from the Pune plant will benefit from this agreement.

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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