Tata Motors slumps after posting no growth in April’s global sales figures
The scrip is currently trading at Rs 270.20, down by 20.10 points or 6.92%
Tata Motors is currently trading at Rs 270.20, down by 20.10 points or 6.92% from its previous closing of Rs 290.30 on the BSE.
The scrip opened at Rs 277.00 and has touched a high and low of Rs 277.20 and Rs 268.55 respectively. So far 1912396 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 320.60 on 20-Apr-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 301.80 and Rs 268.55 respectively. The current market cap of the company is Rs 73237.31 crore.
The promoters holding in the company stood at 34.81% while Institutions and Non-Institutions held 40.63% and 8.37% respectively.
Tata Motors’ global sales for the month of April remained flat at 87,377 units over the same period last year. Sales of luxury brands from Jaguar Land Rover were at 25,143 units during April, up 29% from the same month last year. Of which sales of luxury sedans of Jaguar brand increased by 17% last month at 3,603 units, Land Rover sales were higher by 32% at 21,540 units.
The company’s total passenger vehicles sales stood at 49,369 units in April, 2012, a jump of 7% from the same month last year while, commercial vehicles sales were down by 8% to 38,008 units from the same month last year.
The Tata Motors Group's global sales comprise Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, Tata passenger vehicles, along with the distributed brands in India, Jaguar and Land Rover.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 360.15 |
| Maruti Suzuki | 13452.25 |
| Mahindra & Mahindra | 3199.35 |
| Hyundai Motor India | 1901.25 |
| Mercury Metals | 35.39 |
| View more.. | |
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