Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 338.35, up by 3.65 points or 1.09 % from its previous closing of Rs. 334.70 on the BSE.

The scrip opened at Rs. 340.55 and has touched a high and low of Rs. 343.00 and Rs. 335.80 respectively. So far 360505 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 605.57 on 03-Feb-2015 and a 52 week low of Rs. 304.10 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 342.25 and Rs. 304.10 respectively. The current market cap of the company is Rs. 97471.99 crore.

The promoters holding in the company stood at 34.35 % while Institutions and Non-Institutions held 36.94 % and 7.32 % respectively.

Tata Motors has launched a new smart pick-up Tata ACE Mega. The ACE Mega, with superior performance, enhanced looks, strong cabin with rated payload of 1Tonne, will offer the best-in-class fuel efficiency and lowest cost of ownership. It is an innovative cargo transport solution in the Small Commercial Vehicle (SCV) segment.

The Tata ACE Mega has been designed and developed for maximising revenues of the transport operator by ensuring more trips, more load carrying capability in low turnaround time and meeting requirements of both, intra and intercity transportation and can be easily driven on any kind of terrain. The vehicle is strategically designed to perform all tasks of a small pick-up and hence will be an all-rounder in this segment, helping the operator elevates his business.

Launched at a price of Rs 4.31 Lakhs, ex-showroom, Thane, the Tata ACE Mega is available in an attractive Azure Blue color. This power-packed small pick-up will be available for sale initially, in seven states Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, West Bengal and Tamil Nadu, and will expand to other states in a phased manner.

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.