Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
350.25
-1.70 (-0.48%)
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Tata Motors speeds up on subsidiary JLR reporting strongest ever half-year sales

Date: 11-07-2014

Tata Motors is currently trading at Rs. 455.05, up by 2.20 points or 0.49 % from its previous closing of Rs. 452.85 on the BSE.

The scrip opened at Rs. 454.00 and has touched a high and low of Rs. 461.30 and Rs. 453.50 respectively. So far 51916 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 484.05 on 08-Jul-2014 and a 52 week low of Rs. 272.50 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 484.05 and Rs. 450.20 respectively. The current market cap of the company is Rs. 124520.45 crore.

The promoters holding in the company stood at 34.33 % while Institutions and Non-Institutions held 36.89 % and 7.53 % respectively.

Tata Motors’ British-based arm Jaguar and Land Rover (JLR) has delivered its strongest ever half year sales performance, retailing 240,372 vehicles January to June 2014, up 14% versus the same period last year. The company delivered more vehicles in the past six months than in the whole of 2010. In the month of June, Jaguar Land Rover retailed 39,594 vehicles, 17% up year-on-year.

In June, Jaguar Land Rover was recognised for its sustained sales success through the 2014 Queen’s Award for Enterprise in International Trade. During the first six months of the year, Jaguar Land Rover models have received more than 50 international awards.

Jaguar Land Rover continues to deliver on its strategic growth plans, which will see the company investing in 50 new product actions over the next five years. This includes £1.5 billion to introduce an all-new, technically-advanced aluminium vehicle architecture in forthcoming models, beginning with the new Jaguar XE premium sedan to be manufactured from 2015 at the company's Solihull facility. The new Land Rover Discovery Sport, which will go on sale in 2015, will be the most versatile and capable vehicle in the compact SUV segment.