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Tata Motors rises on unveiling ‘Tata Megapixel’

12 Mar 2012 Evaluate

Tata Motors is currently trading at Rs. 279.75, up by 0.55 points or 0.20% from its previous closing of Rs. 279.20 on the BSE.

The scrip opened at Rs. 282.10 and has touched a high and low of Rs. 282.10 and Rs. 277.05 respectively. So far 313841 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 292.00 on 15-Feb-2012 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. 282.10 and Rs. 262.40 respectively. The current market cap of the company is Rs. 74954.42 crore.

The promoters holding in the company stood at 35.04% while Institutions and Non-Institutions held 38.91% and 8.95% respectively.

Tata Motors has unveiled Tata Megapixel, a new four-seater city-smart global range extended electric vehicle (REEV) at the 82nd Geneva Motor Show. Combining a lithium ion phosphate battery and an on-board petrol engine generator for recharging on the move, the Tata Megapixel offers a range of up to 900 km (with a single tank of fuel), path-breaking CO2 emission of just 22 gm/km and fuel economy of 100 km/litre (under battery only power).

The Tata Megapixel is as distinctive in elegantly melding Indian uniqueness - in colours, graphic themes or materials - with global styling preferences. The integrated lamp and grille graphics sweep back over the front wheel arches to render a dynamic front end. It is echoed on the panoramic roof, creating a harmony between sun and shade and sense of interior space. The floating C-pillar and wrap-around belt line finisher integrate perfectly with the sculpted body surface, flowing freely to the rear and encapsulating the 5-spoke wheel design.

A double-sliding door system and the car's B-pillar less design make entry/exit easy, besides superb visibility. The battery layout and hub motors maximize the interior package making comfortable enough to accommodate four adults with luggage. The front seats are cantilevered on the central tunnel, releasing floor space for additional storage.

The company has also displayed the new generation Tata Safari Storme SUV, the Tata Aria crossover, the Tata Indigo Manza sedan and the Tata Indica Vista hatchback at the show.

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