Tata Motors gains on receiving mega truck-order from Indian Army

Tata Motors Passenger Vehicles Ltd. | Automobiles - Passenger Cars | Automobiles | BSE: 500570 | NSE: TMPV

10 Jul 2015 Evaluate

Tata Motors is currently trading at Rs 402.00, up by 3.85 points or 0.97% from its previous closing of Rs 398.15 on the BSE.

The scrip opened at Rs. 399.00 and has touched a high and low of Rs. 406.10 and Rs. 398.30 respectively. So far 726373 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 605.57 on 03-Feb-2015 and a 52 week low of Rs. 394.25 on 09-Jul-2015.

Last one week high and low of the scrip stood at Rs. 438.00 and Rs. 394.25 respectively. The current market cap of the company is Rs. 115863.48 crore.

The promoters holding in the company stood at 34.33% while Institutions and Non-Institutions held 37.21% and 7.19% respectively.

Tata Motors has bagged an order to supply around 1200 units of its high-mobility 6X6 multi-axle trucks, from the Indian Army - the single largest order awarded to an Indian private OEM (Original Equipment Manufacturers) in land systems under the DPP by the Indian army. The order for 6X6 vehicles is for ‘Material Handling Cranes’ for the loading-unloading and transportation of ammunition pallets, spares and other operational equipment.

Developed indigenously, the Tata 6X6 high mobility all-terrain all-wheel drive vehicle, has completed a total trial duration of 25 months, demonstrating maximum performance in the most demanding conditions. Designed to cope with extreme on or off-road loads, these vehicle have gone through trials like water-fording, on cross country terrains and plains and at VRDE’s (Vehicle Research & Development Establishment) torture track.

The Tata 6X6 is designed for easy operability. The vehicle is easy to maintain, due to accessibility to its aggregates. The vehicle is fitted with central tire inflation system (CTIS) for mobility in soft sand desert conditions. The system provides the vehicle with better traction on different types of surfaces, especially when carrying vital and heavy loads. The vehicles cabin is modular with HVAC (heating, ventilation, and air conditioning) and is fully-ready for up-armoring. High ground clearance enables better negotiation of gradients, sand dunes, off-road terrains, trenches with higher water & mud fording capabilities, whilst carrying designated military payloads. The vehicle is also capable of achieving sustained speeds of 40 kmph, on severe cross country terrains.

Tata MotorsPassenger Share Price

346.10 -9.25 (-2.60%)

11-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	346.10
Maruti Suzuki	13482.30
Mahindra & Mahindra	3244.65
Hyundai Motor India	1907.10
Mercury Metals	30.92
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