Sunday , October 24 2021

Tata Motors trades higher on the bourses

Tata Motors is currently trading at Rs. 164.45, up by 1.85 points or 1.20% from its previous closing of Rs. 162.60 on the BSE.

The scrip opened at Rs. 163.75 and has touched a high and low of Rs. 164.95 and Rs. 163.25 respectively. So far 165775 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 282.00 on 10-Sep-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. 167.90 and Rs. 156.30 respectively. The current market cap of the company is Rs. 47424.70 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’ wholly owned subsidiary — Jaguar Land Rover (JLR) is looking to accelerate its business in India, building on the foundation laid in the last one decade. The company, which assembles six out of the 11 models that it sells in India, is open to more local manufacturing depending on the market growth of the luxury vehicles in the country.

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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