Tata Motors is currently trading at Rs. 120.05, up by 0.50 points or 0.42% from its previous closing of Rs. 119.55 on the BSE.
The scrip opened at Rs. 120.50 and has touched a high and low of Rs. 120.50 and Rs. 116.00 respectively. So far 513005 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. 124.95 and Rs. 112.00 respectively. The current market cap of the company is Rs. 34518.25 crore.
The promoters holding in the company stood at 38.37%, while Institutions and Non-Institutions held 35.51% and 14.96% respectively.
Tata Motors has secured orders to supply 300 electric buses from Ahmedabad Janmarg (AJL). The company will supply Urban 9/9 electric model of buses which will run in Ahmedabad’s Bus rapid transit system (BRTS) Corridor. The company will be setting up the required infrastructure, including fast charging and support system.
The company has so far delivered over 200 electric buses with over 60 per cent market share under the FAME I scheme.
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.