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Tata Motors rides high on launching registered vehicle scrapping facility in Chandigarh

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

29 Nov 2023 Evaluate

Tata Motors is currently trading at Rs. 711.30, up by 13.70 points or 1.96% from its previous closing of Rs. 697.60 on the BSE.

The scrip opened at Rs. 701.20 and has touched a high and low of Rs. 714.40 and Rs. 694.25 respectively. So far 1258837 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 714.40 on 29-Nov-2023 and a 52 week low of Rs. 375.50 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 714.40 and Rs. 671.50 respectively. The current market cap of the company is Rs. 236269.97 crore.

The promoters holding in the company stood at 46.38%, while Institutions and Non-Institutions held 35.92% and 17.70% respectively.

Tata Motors has launched its fourth Registered Vehicle Scrapping Facility (RVSF) in Chandigarh. Named Re.Wi.Re - Recycle with Respect. The state-of-the-art facility uses environmentally-friendly processes and has the capacity to disassemble 12,000 end-of-life vehicles safely and sustainably, each year. The RVSF is developed and operated by Tata Motors’ partner Dada Trading Company and is equipped to scrap both passenger and commercial vehicles, regardless of their brand, aligning with the company’s vision to promote eco-friendly initiatives. This milestone follows the resounding success of Tata Motors’ three previous RVSFs in Jaipur, Bhubaneshwar and Surat, further reinforcing its dedication to eco-friendly initiatives.

A cutting-edge facility, Re.Wi.Re. is purpose-built for dismantling end-of-life passenger and commercial vehicles across all brands, with a focus on employing environmentally friendly practices. The fully digitalised facility is equipped with dedicated cell-type and line-type dismantling for commercial vehicles and passenger vehicles, respectively, and all its operations are seamless and paperless.

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

360.15 3.70 (1.04%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	360.15
Maruti Suzuki	13452.25
Mahindra & Mahindra	3199.35
Hyundai Motor India	1901.25
Mercury Metals	35.39
View more..

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Tata Motors rides high on launching registered vehicle scrapping facility in Chandigarh

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