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Tata Motors strengthens as its global arm JLR registers 17% increase in September sales

11 Oct 2013 Evaluate

Tata Motors is currently trading at Rs. 375.60, up by 3.85 points or 1.04% from its previous closing of Rs. 371.75 on the BSE.

The scrip opened at Rs. 375.00 and has touched a high and low of Rs. 377.90 and Rs. 368.40 respectively. So far 435839 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 377.90 on 11-Oct-2013 and a 52 week low of Rs. 245.35 on 30-Oct-2012.

Last one week high and low of the scrip stood at Rs. 377.90 and Rs. 343.60 respectively. The current market cap of the company is Rs. 101285.48 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’ subsidiary Jaguar Land Rover has registered 17% jump in its global sales in September this year at 43181 units. Of the total, Jaguar sold 8,462 units, up 35% reflecting strong demand for all XF derivatives, while Land Rover sold 34,719 units, up 13%.

Geographically, the company’s sales in the China Region rose 46%, North America up 6%, UK up 11%, Asia Pacific up 29% and other overseas markets higher 15%.

Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.

 

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