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Tata Motors rises on delivering Ultra EV air-conditioned electric buses to Jammu Smart City

29 Jan 2024 Evaluate

Tata Motors is currently trading at Rs. 821.40, up by 9.95 points or 1.23% from its previous closing of Rs. 811.45 on the BSE.

The scrip opened at Rs. 813.75 and has touched a high and low of Rs. 822.20 and Rs. 811.00 respectively. So far 131482 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 828.45 on 29-Jan-2024 and a 52 week low of Rs. 400.40 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 828.45 and Rs. 789.00 respectively. The current market cap of the company is Rs. 271343.70 crore.

The promoters holding in the company stood at 46.37%, while Institutions and Non-Institutions held 36.02% and 17.60% respectively.

Tata Motors has delivered state-of-the-art Ultra EV air-conditioned electric buses to Jammu Smart City through TML Smart City Mobility Solutions (J&K), a Tata Motors Group company. The initiative led by the Housing and Urban Development Department of the Government of Jammu & Kashmir (J&K), is aimed at establishing an environmentally sustainable public transportation system in Jammu. 

These emission-free Tata Motors electric buses are manufactured in India using cutting-edge technology, feature advanced amenities and are powered by state-of-the-art electric power systems. Its design focusses on safety, comfort and convenience, offering Jammu residents reliable and zero-emission intra-city commuting solutions. The delivery of the electric buses is a part of its larger order to supply, maintain and operate 100 electric buses in Srinagar and 100 electric buses in Jammu, for a period 12-years for Jammu and Srinagar Smart City projects.

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

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