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Tata Motors catches speed on arm reporting 6.5% growth in global sales during 2017

09 Jan 2018 Evaluate

Tata Motors is currently trading at Rs. 441.50, up by 7.80 points or 1.80% from its previous closing of Rs. 433.70 on the BSE.

The scrip opened at Rs. 434.75 and has touched a high and low of Rs. 443.55 and Rs. 433.35 respectively. So far 350274 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 553.00 on 27-Jan-2017 and a 52 week low of Rs. 357.95 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 443.55 and Rs. 422.10 respectively. The current market cap of the company is Rs. 127404.25 crore.

The promoters holding in the company stood at 36.37%, while institutions and non-institutions held 37.88% and 8.94% respectively.

Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) has achieved record global sales in 2017 with retails of 621,109 vehicles, up 6.5% on the prior year, despite tough conditions in some markets. Retail sales for the month of December were 55,697, up 0.6% and for the quarter were 154,447 vehicles, up 3.5%.

Retail sales in December were up in Overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US. 

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%)
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