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Tata Motors zooms on the bourses

Tata Motors is currently trading at Rs. 171.90, up by 23.95 points or 16.19% from its previous closing of Rs. 147.95 on the BSE.

The scrip opened at Rs. 151.50 and has touched a high and low of Rs. 175.45 and Rs. 151.50 respectively. So far 8565880 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 239.30 on 18-Apr-2019 and a 52 week low of Rs. 106.00 on 04-Sep-2019.

Last one week high and low of the scrip stood at Rs. 175.45 and Rs. 125.85 respectively. The current market cap of the company is Rs. 49518.03 crore.

The promoters holding in the company stood at 38.37%, while Institutions and Non-Institutions held 34.62% and 27.01% respectively.

Tata Motors has reported a net loss of Rs 1281.97 crore for the quarter ended September 30, 2019 as against net profit of Rs 109.14 crore for the same quarter in the previous year. Total income of the company decreased by 42.76% at Rs 10361.90 crore for Q2FY20 as compared Rs 18102.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 187.70 crore for the quarter under review as compared to net loss of Rs 1009.49 crore for the same quarter in the previous year. Total income of the company decreased by 9.11% at Rs 66104.51 crore for Q2FY20 as compared Rs 72729.30 crore for the corresponding quarter previous year.

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