Tata Motors gains on bagging order for 15 hydrogen-based fuel cell buses from IOCL

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

01 Jul 2021 Evaluate

Tata Motors is currently trading at Rs. 342.15, up by 2.60 points or 0.77% from its previous closing of Rs. 339.55 on the BSE.

The scrip opened at Rs. 341.65 and has touched a high and low of Rs. 343.40 and Rs. 341.30 respectively. So far 41137 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 360.65 on 15-Jun-2021 and a 52 week low of Rs. 98.20 on 01-Jul-2020.

Last one week high and low of the scrip stood at Rs. 346.50 and Rs. 336.10 respectively. The current market cap of the company is Rs. 112741.05 crore.

The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 25.69% and 17.10% respectively.

Tata Motors has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation (IOCL). All 15 buses will be delivered within 144 weeks from the date of signing of the memorandum of understanding (MOU). In addition to supplying the buses, the company would also collaborate with IOCL's Research and Development Centre to undertake projects and collectively study further the potential of fuel cell technology for commercial vehicles.

This will be done by jointly testing, maintaining and operating these buses for public transport in real-world conditions in Delhi-NCR. The buses will be refuelled by hydrogen, generated and dispensed by IOCL.

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

347.95 -7.40 (-2.08%)

11-May-2026 10:46 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	347.95
Maruti Suzuki	13531.50
Mahindra & Mahindra	3238.50
Hyundai Motor India	1885.95
Mercury Metals	30.39
View more..

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