Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 460.90, up by 3.60 points or 0.79% from its previous closing of Rs. 457.30 on the BSE.

The scrip opened at Rs. 460.00 and has touched a high and low of Rs. 463.20 and Rs. 458.00 respectively. So far 82489 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. 417.10 on 08-May-2017.

Last one week high and low of the scrip stood at Rs. 470.60 and Rs. 447.00 respectively. The current market cap of the company is Rs. 133395.50 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 received an approval to raise Rs 500 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The company’s Authorized Committee in its meeting held on June 21, 2017 has approved the issuance of up to 5,000 Rated, Listed, Unsecured, 7.50% Coupon, Redeemable, NCDs of face value Rs 10 lakh each, at par, aggregating up to Rs 500 crore. The rated, unsecured redeemable NCD issue is for a tenure of 1826 days from the date of allotment and will mature on June 22, 2022. The security will be listed on both BSE and NSE.

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.