Tata Motors catches speed on collaborating with HDFC Bank for financing of passenger vehicles

19 Oct 2020 Evaluate

Tata Motors is currently trading at Rs. 128.55, up by 0.85 points or 0.67% from its previous closing of Rs. 127.70 on the BSE.

The scrip opened at Rs. 130.70 and has touched a high and low of Rs. 130.70 and Rs. 128.15 respectively. So far 822143 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. 139.85 and Rs. 126.00 respectively. The current market cap of the company is Rs. 39785.96 crore.

The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 29.06% and 18.10% respectively.

Tata Motors has collaborated with HDFC Bank for financing of its passenger vehicles. Through the partnership, it has introduced two new schemes -- 'Gradual Step Up Scheme' and 'TML Flexi Drive Scheme' with an eye on making its products more accessible and driving up sales in the festive season.

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 Motors Share Price

993.00 14.20 (1.45%)
28-Mar-2024 16:01 View Price Chart
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Tata Motors 993.00
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