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Tata Motors gains on plan of hiking prices of passenger vehicles to offset input cost

14 Dec 2016 Evaluate

Tata Motors is currently trading at Rs. 473.10, up by 2.75 points or 0.58% from its previous closing of Rs. 470.35 on the BSE.

The scrip opened at Rs. 471.95 and has touched a high and low of Rs. 476.60 and Rs. 462.80 respectively. So far 335602 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.60 on 07-Sep-2016 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. 477.00 and Rs. 439.25 respectively. The current market cap of the company is Rs. 136564.73 crore.

The promoters holding in the company stood at 33.00%, while institutions and non-institutions held 40.58% and 7.95% respectively.

Tata Motors, the country’s largest automobile company, will hike prices of its passenger vehicles with effect from January 1, 2017. The hike in passenger vehicles will be in range from Rs 5,000 up to Rs 25,000 depending on model. This step has been taken to offset increase in input cost. The increase in prices of raw material commodities like steel, aluminium, copper and rubber over a period of time has put a lot of pressure on the company.

The company sells a range of passenger vehicles, including the entry-level small car Nano, the newly launched hatchback Tiago and crossover vehicle Aria, at a price range of Rs 2.18 lakh to Rs 17.29 lakh (ex-showroom Delhi).

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

360.15 3.70 (1.04%)
17-Apr-2026 16:59 View Price Chart
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