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Tata Motors inches up on unveiling sub-compact SUV Punch

05 Oct 2021 Evaluate

Tata Motors is currently trading at Rs. 342.55, up by 0.65 points or 0.19% from its previous closing of Rs. 341.90 on the BSE.

The scrip opened at Rs. 342.00 and has touched a high and low of Rs. 344.65 and Rs. 339.25 respectively. So far 266617 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. 126.00 on 16-Oct-2020.

Last one week high and low of the scrip stood at Rs. 344.65 and Rs. 344.65 respectively. The current market cap of the company is Rs. 113853.35 crore.

The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 25.90% and 17.32% respectively.

Tata Motors has expanded its product range in the country with the unveiling of its sub-compact SUV Punch. The company plans to launch the model on October 20, and has commenced bookings on its website and sales network across the country for Rs 21,000.

The Punch comes with a 1.2 litre petrol engine mated to both manual and automatic transmissions. The model comes with SUV attributes like tall seating, high ground clearance, 370 mm water wading capability and traction feature to aid recovery in off road situations.

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 brand.

Tata MotorsPassenger Share Price

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