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Tata Motors jumps on reporting 12% increase in global sales

17 Aug 2012 Evaluate

Tata Motors is currently trading at Rs. 241.20, up by 5.75 points or 2.44% from its previous closing of Rs. 235.45 on the BSE.

The scrip opened at Rs. 237.00 and has touched a high and low of Rs. 243.15 and Rs. 237.00 respectively. So far 515655 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. 243.15 and Rs. 224.15 respectively. The current market cap of the company is Rs. 65317.94 crore.

The promoters holding in the company stood at 34.71% while Institutions and Non-Institutions held 39.97% and 8.83% respectively. 

Tata Motors’, country’s largest automotive company, global sales increased by 21% in July to 1,01,605 units over the same period last year. Sales of luxury brands from Jaguar Land Rover were at 26,921 units in July, up 41% from the same month last year.

Company’s passenger vehicles sales stood at 53,829 units in July 2012, a jump of 45% from the same month last year and commercial vehicle sales were up by 1% to 47,776 units from the same month last year. While sales of luxury sedans of Jaguar brand stood last month at 4,064 units, Land Rover sales were at 22,857 units.

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