Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 279.80, up by 3.90 points or 1.41% from its previous closing of Rs. 275.90 on the BSE.

The scrip opened at Rs. 281.00 and has touched a high and low of Rs. 283.35 and Rs. 277.80 respectively. So far 505537 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 292.00 on 15-Feb-2012 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. 292.00 and Rs. 253.85 respectively. The current market cap of the company is Rs. 75035.16 crore.

The promoters holding in the company stood at 35.04% while Institutions and Non-Institutions held 38.91% and 8.95% respectively. 

India's largest automobile company, Tata Motors has launched its redesigned sports utility vehicle (SUV) ‘Tata Sumo Gold’. Available in four variants, the new vehicle comes along with a warranty of three years or 100,000 km, whichever is earlier.

The SUV is equipped with the new BS4 3.0L diesel CR4 engine, delivering 85 PS power. The car is also available in turbo engine. The Tata Sumo Gold range will be available from Rs 5.38 lakh onwards (ex-showroom, Hyderabad).

The company has reported fall of 57.65% in net profit for the quarter ended December 31, 2011 to Rs 173.67, against Rs 410.06 crore for the October-December quarter last fiscal. Total income, however, increased by 18.24% during the quarter under year review at Rs 13,337 crore against Rs 11,279.89 crore in the October-December quarter last fiscal.