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Tata Motors gains on unveiling upgraded version of Tata Sumo Gold

30 Oct 2013 Evaluate

Tata Motors is currently trading at Rs. 382.80, up by 1.00 points or 0.26% from its previous closing of Rs. 381.80 on the BSE.

The scrip opened at Rs. 382.00 and has touched a high and low of Rs. 384.20 and Rs. 380.35 respectively. So far 37,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 393.00 on 14-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. 384.70 and Rs. 368.20 respectively. The current market cap of the company is Rs. 1,03,115.00 crore.

The promoters holding in the company stood at 34.33% while Institutions and Non-Institutions held 38.42% and 7.51% respectively.

Tata Motors, the country’s leading auto major has unveiled an upgraded version of its entry level sports utility vehicle (SUV) Tata Sumo Gold, with price starting from Rs 5.93 lakh onwards (ex-showroom, New Delhi).

The new Tata Sumo Gold will be available in five variants, while the vehicle comes with various features including a music system with USB and Bluetooth connectivity, power windows and dual air conditioner.

Recently, the company launched the new Tata Xenon for sale in Australia through distributor Fusion Automotive. The Tata Xenon, which has been specially configured for the Australian market has been extensively tested in Australia, will be sold initially through 15 Tata dealers across the country. The Tata Xenon will be priced from $22,990 Drive Away.

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