Tata Motors moves up on inaugurating new showroom in Surat, Bardoli

Tata Motors is currently trading at Rs. 517.60, up by 2.90 points or 0.56% from its previous closing of Rs. 514.70 on the BSE.

tata motors groups global wholesales fall 15 in november
Tata Motors

The scrip opened at Rs. 513.05 and has touched a high and low of Rs. 518.35 and Rs. 512.20 respectively. So far 168270 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 537.15 on 15-May-2023 and a 52 week low of Rs. 375.50 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 531.00 and Rs. 509.10 respectively. The current market cap of the company is Rs. 172132.81 crore.

The promoters holding in the company stood at 46.39%, while Institutions and Non-Institutions held 33.17% and 18.86% respectively.

Tata Motors has inaugurated its new state-of-the-art showroom in Surat and Bardoli. The dealership, Pragati Vehicles, is promoted by the esteemed Pragati Group, a prominent retail business group with a rich history of over 60 years. The Pragati Group has successfully ventured into various franchise businesses such as Tanishq, Caratlane, Mia by Tanishq, Louie Philippe, Helios, and Titan Eye, solidifying their reputation as a trusted name in the industry.

The inauguration ceremony of the Tata Motors showroom is a significant milestone for both Pragati Vehicles and Tata Motors. With its strategic location in Surat at Shyam Mandir, VIP road, Parvat Patia and Bardoli, the showrooms aims to cater to the burgeoning demand for Tata vehicles in South Gujarat. Covering an expansive area, it proudly claims the title of South Gujarat’s largest automobile showroom, offering a comprehensive range of Tata cars.

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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