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Tata Motors inches up as its arms ink pact with Bajaj Finance

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

21 May 2024 Evaluate

Tata Motors is currently trading at Rs. 953.00, up by 0.05 points or 0.01% from its previous closing of Rs. 952.95 on the BSE.

The scrip opened at Rs. 957.85 and has touched a high and low of Rs. 957.85 and Rs. 949.00 respectively. So far 259306 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1065.60 on 05-Mar-2024 and a 52 week low of Rs. 509.10 on 25-May-2023.

Last one week high and low of the scrip stood at Rs. 1010.30 and Rs. 919.00 respectively. The current market cap of the company is Rs. 316735.71 crore.

The promoters holding in the company stood at 46.36%, while Institutions and Non-Institutions held 35.34% and 18.30% respectively.

Tata Motors’ passenger vehicles and passenger electric mobility subsidiaries -- Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have tied up with Bajaj Finance for to extend supply chain finance solutions to its passenger and electric vehicle dealers.

Under a Memorandum of Understanding (MoU), the participating companies will come together to leverage Bajaj Finance's wide reach to help dealers of TMPV and TPEM access funding with minimal collateral. The partnership with Bajaj Finance will further strengthen the access of the dealer partners to increased working capital. This collaboration will not only benefit dealers but also contribute to and enhance the growth of the automotive industry in India.

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

365.85 9.80 (2.75%)

22-Apr-2026 12:52 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	365.85
Maruti Suzuki	13450.30
Mahindra & Mahindra	3196.10
Hyundai Motor India	1873.50
Mercury Metals	34.50
View more..

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Tata Motors inches up as its arms ink pact with Bajaj Finance

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