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Tata Motors rises on unveiling two luxury buses

21 Dec 2011 Evaluate

Tata Motors is currently trading at Rs. 178.70, up by 3.80 points or 2.17% from its previous closing of Rs. 174.90 on the BSE.

The scrip opened at Rs. 180.00 and has touched a high and low of Rs. 181.20 and Rs. 177.65 respectively. So far 4,52,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 274.40 on 22-Dec-2010 and a 52 week low of Rs. 137.65 on 13-Sep-2011.

Last one week high and low of the scrip stood at Rs. 181.60 and Rs. 167.75 respectively. The current market cap of the company is Rs. 48,096.00 crore.

The promoters holding in the company stood at 35.05% while Institutions and Non-Institutions held 37.31% and 9.16% respectively.

Tata Motors has launched two luxury buses, the Tata Divo, a luxurious long distance inter-city travel bus and the Tata Starbus Ultra, a modern and practical offering for commuting within the city.

Following the introduction of two busses, the company will more comprehensively address the burgeoning requirement of public transportation. These two buses have capability to migrate the world of passenger transportation to a higher level of class and technology.

The Tata Divo body design comes from Hispano Carrocera of Spain, a fully owned subsidiary of Tata Motors, providing a truly international standard ride to the long distance traveller.  The Tata Divo (BS III version) price range starts from Rs 0.66 crore, ex-showroom New Delhi.

Tata Starbus Ultra opens up a whole new world of comfort and luxury for office-goers, hotel guests, tourists and school children. Meant primarily for intra-city transport, the luxury variant can also be used for inter-city travel. The Tata Starbus Ultra (BS III version) price range starts from Rs 0.15 crore, ex-showroom New Delhi.

Tata MotorsPassenger Share Price

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