Tata Motors rises on launching registered vehicle scrapping facility in Jaipur

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

01 Mar 2023 Evaluate

Tata Motors is currently trading at Rs. 424.55, up by 3.95 points or 0.94% from its previous closing of Rs. 420.60 on the BSE.

The scrip opened at Rs. 421.00 and has touched a high and low of Rs. 426.60 and Rs. 421.00 respectively. So far 65435 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.50 on 17-Aug-2022 and a 52 week low of Rs. 366.05 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 436.85 and Rs. 413.35 respectively. The current market cap of the company is Rs. 141389.63 crore.

The promoters holding in the company stood at 46.39%, while Institutions and Non-Institutions held 29.25% and 20.10% respectively.

Tata Motors has launched Re.Wi.Re - Recycle with Respect, its first Registered Vehicle Scrapping Facility (RVSF) in Jaipur, Rajasthan. This state-of-the-art facility has a capacity of 15,000 vehicles per annum and follows world-class, eco-friendly processes for safe and sustainable dismantling of end-of-life vehicles. It is developed and operated by Tata Motors’ partner Ganganagar Vaahan Udyog to scrap end-of-life passenger and commercial vehicles of all brands.

The state-of-the-art Re.Wi.Re. facility is designed to dismantle end-of-life passenger and commercial vehicles of all brands and ensures de-pollutioning. It is fully digitalised for hassle-free, paperless operations and has dedicated stations for safe dismantling of components such as tyres, batteries, fuel, oils, liquids and gases. The vehicles go through a stringent documentation and dismantling process, curated individually for passenger and commercial vehicle requirements.

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

355.35 -3.90 (-1.09%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	355.35
Maruti Suzuki	13725.40
Mahindra & Mahindra	3329.50
Hyundai Motor India	1852.45
Mercury Metals	30.94
View more..

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