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Tata Motors jumps higher on reporting sales of 49,611 vehicles in August

02 Sep 2013 Evaluate

Tata Motors is currently trading at Rs. 299.70, up by 1.00 points or 0.33% from its previous closing of Rs. 298.70 on the BSE.

The scrip opened at Rs. 296.60 and has touched a high and low of Rs. 301.65 and Rs. 292.15 respectively. So far 4, 43,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 337.05 on 10-Jan-2013 and a 52 week low of Rs. 225.15 on 06-Sep-2012.

Last one week high and low of the scrip stood at Rs. 308.80 and Rs. 286.35 respectively. The current market cap of the company is Rs. 80,741 crore.

The promoters holding in the company stood at 34.35% while Institutions and Non-Institutions held 37.98% and 8.43% respectively.

Tata Motors’ total sales including exports of Tata commercial and passenger vehicles in August 2013 were 49,611 vehicles. The company’s domestic sales of Tata commercial and passenger vehicles for August 2013 were 44,717 units.  Cumulative sales including exports for the company for the fiscal were 254,355 units.

The company’s sales of commercial vehicles in August 2013 in the domestic market were 33,153 units, LCV sales were 24,904 units, while M&HCV sales stood at 8,249 units. Cumulative sales of commercial vehicles in the domestic market for the fiscal were 176,853 units. Cumulative LCV sales were 127,547 units, while M&HCV sales stood at 49,306 units.

The sales of passenger vehicles for August 2013 were at 11,564 units. Sales of the Nano/ Indica/ Indigo range in August 2013 were 8,761 units while the Sumo/ Safari/ Aria/ Venture range sales were 2,803 units. The cumulative sales of passenger vehicles were 56,896 units. Cumulative sales of the Nano/ Indica/ Indigo range were at 44,780 units while cumulative sales of the Sumo/Safari/ Aria/ Venture range were 12,116 units.

The company’s sales from exports were 4,894 units in August 2013. Cumulative sales from exports for the fiscal were 20,606 units.

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