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Tata Motors surges as its arm collaborates with Moynat

14 Mar 2014 Evaluate

Tata Motors is currently trading at Rs. 393.90, up by 6.00 points or 1.57% from its previous closing of Rs. 388.00 on the BSE.

The scrip opened at Rs. 384.00 and has touched a high and low of Rs. 393.90 and Rs. 383.00 respectively. So far 271108 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 420.30 on 04-Mar-2014 and a 52 week low of Rs. 252.10 on 05-Apr-2013.

Last one week high and low of the scrip stood at Rs. 415.75 and Rs. 385.10 respectively. The current market cap of the company is Rs. 107032.84 crore.

The promoters holding in the company stood at 34.33% while Institutions and Non-Institutions held 37.57% and 7.60% respectively.

Tata Motors’ subsidiary Jaguar has collaborated with luxury French luggage label Moynat to produce a bespoke trunk, designed specifically to fit the Jaguar F-TYPE. The one-of-a-kind piece was created to celebrate the opening of Moynat’s first boutique outside Paris. The unique trunk was unveiled at the official launch of Moynat’s Mount Street store in London.

The trunk fits perfectly into the F-TYPE boot, with the signature curves of the Moynat House. It took more than 900 working hours for the design and careful production of the trunk. The structure is moulded to form by hand with eight layers of wood. This is then covered by vegetal dyed leather in slate grey to match the car body, lined in mandarin orange colour, the signature colour of Moynat. Inside the trunk, an electric scooter is provided for use in urban areas.

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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