Tata Motors rises on inking pact with Lithium Urban Technologies

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

18 Nov 2019 Evaluate

Tata Motors is currently trading at Rs. 171.10, up by 2.50 points or 1.48% from its previous closing of Rs. 168.60 on the BSE.

The scrip opened at Rs. 171.70 and has touched a high and low of Rs. 171.90 and Rs. 169.35 respectively. So far 1034726 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 239.30 on 18-Apr-2019 and a 52 week low of Rs. 106.00 on 04-Sep-2019.

Last one week high and low of the scrip stood at Rs. 176.00 and Rs. 165.50 respectively. The current market cap of the company is Rs. 49315.92 crore.

The promoters holding in the company stood at 38.37%, while Institutions and Non-Institutions held 34.62% and 27.01% respectively.

Tata Motors has inked a pact with commercial EV fleet provider Lithium Urban Technologies to address mobility solutions across passenger, mass transit and freight segments. As part of the agreement, the company will supply 400 Tigor EV units to Lithium Urban by the end of the current fiscal (FY20).

The partnership also entails supply of 100 more electric vehicles, like the upcoming Nexon EV, from the company's stable. This is not just the most significant milestone for company’s e-mobility business, but also a big turning point in the EV market, which is now likely to see fleets electrify faster than ever before.

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

345.00 -8.20 (-2.32%)

29-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	345.00
Maruti Suzuki India	13429.20
Mahindra & Mahindra	3092.90
Hyundai Motor India	1895.50
Mercury Ev-Tech	33.92
View more..

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