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Tata Motors rises on launching attractive financing offer on Tiago, Nexon & Altroz

09 Jul 2020 Evaluate
Tata Motors is currently trading at Rs. 105.70, up by 0.25 points or 0.24% from its previous closing of Rs. 105.45 on the BSE.

The scrip opened at Rs. 106.50 and has touched a high and low of Rs. 106.80 and Rs. 104.60 respectively. So far 1613851 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 201.80 on 15-Jan-2020 and a 52 week low of Rs. 63.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 112.60 and Rs. 102.10 respectively. The current market cap of the company is Rs. 32542.32 crore.

The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 30.42% and 16.80% respectively.

Tata Motors has launched a novel and attractive financing offer on its popular brands Tiago, Nexon and Altroz. Customers can now make zero down payment, avail a 6-month EMI holiday (only interest needs to be serviced monthly) and access up to 100% on-road funding for loan tenure of 5-years. This offer is being made available through a partnership with Karur Vysya Bank (KVB), one of India’s oldest and most trusted banking institutions, to eligible salaried and self-employed persons.

Tata Motors is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses.

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