Tata Motors surges on unveiling new tipper for deep mining

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

25 Nov 2011 Evaluate

Tata Motors is currently trading at Rs 175.45, up by 2.30 points or 1.33% from its previous closing of Rs 173.15 on the BSE.

The scrip opened at Rs 169.50 and has touched a high and low of Rs 177.10 and Rs 169.50 respectively. So far 1246834 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 276.28 on 06-Dec-2010 and a 52 week low of Rs 137.65 on 13-Sep-2011.

Last one week high and low of the scrip stood at Rs 177.10 and Rs 160.20 respectively. The current market cap of the company is Rs 46600.92 crore.

The promoters holding in the company stood at 35.05% while Institutions and Non-Institutions held 37.31% and 9.16% respectively.

Tata Motors has launched new tipper, Tata Prima 3138.K, to address the need of mining sector. Tata Prima 3138.K is being positioned for carrying coal, iron, limestone and other needs involving off-road heavy duty as well.

The company along with heavy duty tipper has also unveiled six vehicles under cons-truck range addressing the need of construction and mining sector.

Deep mining is one segment in which Tata Motors has limited presence and it is currently dominated by Volvo, Mercedes and Scania. However, with the Prima range, the company is confident that it will be able to offer similar performance tippers at lower prices.

Tata Motors offers a complete range of tippers and trucks for the construction and mining segment based on the application and customer requirement.

Tata MotorsPassenger Share Price

338.10 6.40 (1.93%)

10-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	338.10
Maruti Suzuki India	13859.25
Mahindra & Mahindra	3129.15
Hyundai Motor India	1983.00
Mercury Ev-Tech	35.58
View more..

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