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Tata Motors surges on inking pact with Apex Greatest

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

29 May 2012 Evaluate

Tata Motors is currently trading at Rs. 281.10, up by 4.50 points or 1.63% from its previous closing of Rs. 276.60 on the BSE.

The scrip opened at Rs. 281.00 and has touched a high and low of Rs. 283.15 and Rs. 279.00 respectively. So far 674027 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. 283.15 and Rs. 256.80 respectively. The current market cap of the company is Rs. 75728.19 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, country’s largest car maker has inked pact with Apex Greatest Industrial Company (AGI), Myanmar by signing a distribution agreement for selling its commercial vehicles and passenger cars in the country. The distribution agreement was signed by R T Wasan, Tata Motors Head International Business commercial vehicles and Johnny Oommen on behalf of the company and Chairman of AGI Myanmar.

As per the deal, AGI will deal out trucks assembled at the Magwe facility and also commercial vehicles and passenger cars directly imported from India. Tata Motors in March 2010 had tied knot with state-owned Myanmar Automobile & Diesel Industries (MADI) by signing turnkey contract for setting up a heavy truck assembly plant at Magwe in central Myanmar.

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.

Tata MotorsPassenger Share Price

360.15 0.00 (0.00%)

17-Apr-2026 16:59 View Price Chart

Peers

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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Tata Motors surges on inking pact with Apex Greatest

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