Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs 268.50, up by 0.05 points or 0.02% from its previous closing of Rs 268.45 on the BSE.

The scrip opened at Rs 269.85 and has touched a high and low of Rs 271.55 and Rs 267.00 respectively. So far 272031 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 276.00 and Rs 265.00 respectively. The current market cap of the company is Rs 72061.20 crore.

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

Tata Motors, the country’ largest car maker is likely to double investments in its Jaguar Land Rover brands to 1.5 billion pounds a year to help launch new products and variants. The company is going to manufacture Jaguar Land Rover cars in China with its joint venture partner and it is awaiting Chinese government approvals to start making the luxury cars there.

The company’s consolidated net profit rose by 40.49% to Rs 3,406 crore for the fiscal third-quarter ended December 31, 2011 from Rs 2,424.38 crore a year ago. Total income increased by 43.95% during the quarter under year review at Rs 45,260.26 crore against Rs 31,441.54 crore in the October-December quarter last fiscal.

JLR contributed 95% of the company's profit in the quarter to end-December, helped by the popularity of its new compact Evoque SUV in emerging markets such as Russia and China.