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Tata Motors surges on entering into partnership with Aaron Travels

Tata Motors is currently trading at Rs. 183.25, up by 3.00 points or 1.66% from its previous closing of Rs. 180.25 on the BSE.

The scrip opened at Rs. 178.50 and has touched a high and low of Rs. 184.95 and Rs. 177.90 respectively. So far 1189218 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 333.90 on 14-May-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. 190.90 and Rs. 177.90 respectively. The current market cap of the company is Rs. 52751.86 crore.

The promoters holding in the company stood at 38.37%, while Institutions and Non-Institutions held 35.41% and 15.01% respectively.

Tata Motors has entered into partnership with Aaron Travels, to deploy Tigor Electric Vehicles (EVs) in Mumbai. Aaron Travels will begin its e-mobility journey to service clients while enhancing sustainability. The first batch of Tigor EVs was handed over on May 13, 2019 to Aaron Travels officials, at Sudarshan Motors dealership, Kalyan, Mumbai.

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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