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Tata Motors gains on reporting 2% jump in February sales

02 Mar 2017 Evaluate

Tata Motors is currently trading at Rs. 455.30, up by 6.20 points or 1.38% from its previous closing of Rs. 449.10 on the BSE.

The scrip opened at Rs. 458.80 and has touched a high and low of Rs. 458.80 and Rs. 453.30 respectively. So far 54,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.60 on 07-Sep-2016 and a 52 week low of Rs. 314.75 on 02-Mar-2016.

Last one week high and low of the scrip stood at Rs. 465.00 and Rs. 448.00 respectively. The current market cap of the company is Rs. 1,30,791.00 crore.

The promoters holding in the company stood at 34.73%, while Institutions and Non-Institutions held 39.04% and 8.11% respectively.

Tata Motors passenger and commercial vehicle total sales (including exports) in February 2017 stood at 47,573 vehicles, higher by 2% over 46,674 vehicles sold in February 2016. The company’s domestic sales of Tata commercial and passenger vehicles for February 2017 were at 42,679 units, higher by 3%, over 41,532 units, in February 2016. Cumulative sales (including exports) of the company for the fiscal was at 485,415 units, higher by 6% over 458,648 vehicles, sold last year.

The company’s sales from exports stood at 4,894 units in February 2017, a decline of 5% (owing to lower PV shipment) compared to 5,142 vehicles sold in February 2016. The cumulative sales from exports for the fiscal was at 58,362 units, higher by 13%, over 51,679 units, sold last year.

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.


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