Tata Motors rises on partnering with Indian Institute of Technology, Bombay

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

10 Mar 2016 Evaluate

Tata Motors is currently trading at Rs. 348.40, up by 0.65 points or 0.19% from its previous closing of Rs. 347.75 on the BSE.

The scrip opened at Rs. 348.40 and has touched a high and low of Rs. 353.45 and Rs. 342.10 respectively. So far 477870 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 573.15 on 06-Apr-2015 and a 52 week low of Rs. 266.00 on 11-Feb-2016.

Last one week high and low of the scrip stood at Rs. 353.90 and Rs. 321.75 respectively. The current market cap of the company is Rs. 100532.43 crore.

The promoters holding in the company stood at 33.01% while Institutions and Non-Institutions held 41.04% and 25.95% respectively.

Tata Motors and IIT Bombay have signed a Memorandum of Understanding (MoU) to create a technological partnership in areas of mutual benefit and interest. Series of interventions have been identified to cater to a future-ready organization. Under this MoU, joint R&D projects will also be undertaken for development of new technologies in various engineering domains.

This partnership will involve Tata Motors leveraging the top academic talent in the country. It will help the company to not only build its functional expertise through research collaboration but also contribute to strengthening the industry readiness of the talent stepping out of campuses through curricula building, live projects and various engagement interventions. Tata Motors has clearly charted its technology roadmap. The Company has identified areas of excellence and to meet these requirements, it plans to create talent pool and be the destination of choice for automotive engineering professionals.

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.

Tata MotorsPassenger Share Price

344.15 -1.85 (-0.53%)

03-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	344.15
Maruti Suzuki India	14364.50
Mahindra & Mahindra	3137.90
Hyundai Motor India	1993.25
Mercury Ev-Tech	35.27
View more..

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