Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
327.80
-5.95 (-1.78%)
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Tata Motors gains on unveiling BS IV compliant trucks in Tamil Nadu

Date: 22-05-2017

Tata Motors is currently trading at Rs. 446.60, up by 3.65 points or 0.82% from its previous closing of Rs. 442.95 on the BSE.

The scrip opened at Rs. 443.00 and has touched a high and low of Rs. 451.00 and Rs. 443.00 respectively. So far 1,68,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.60 on 07-Sep-2016 and a 52 week low of Rs. 380.55 on 23-May-2016.

Last one week high and low of the scrip stood at Rs. 452.00 and Rs. 430.05 respectively. The current market cap of the company is Rs. 1,29,006.00 crore.

The promoters holding in the company stood at 34.73%, while Institutions and Non-Institutions held 38.72% and 8.19% respectively.

Tata Motors has unveiled the new BS IV-ready medium and heavy duty trucks with ‘exhaust gas recirculation’ (EGR) and ‘selective catalytic reduction’ (SCR) technologies in Tamil Nadu. The company has perfected both technologies for its wider range of commercial vehicles from SCVs to HCVs (as per technical suitability) to meet the recently implemented emission standards.

As part of the launch, the company organised ‘Truck World’, showcasing over 20 models of its BS IV compliant trucks in Salem. It is aimed at giving transporters an opportunity to see all the models under one roof.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.