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 catches speed on launching three new products in SCV Range

Date: 12-07-2017

Tata Motors is currently trading at Rs. 461.50, up by 4.55 points or 1.00% from its previous closing of Rs. 456.95 on the BSE.

The scrip opened at Rs. 462.00 and has touched a high and low of Rs. 463.80 and Rs. 456.90 respectively. So far 273065 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. 463.80 and Rs. 427.55 respectively. The current market cap of the company is Rs. 132962.40 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 launched three new products in the SCV Range with the XL portfolio - Ace Mega XL, Ace Zip XL and Ace XL. It offers 15% longer loading deck, the new XL range will enable its operators – XL performance, leading to XL revenues, XL profits and XL delight.

The new BS-IV compliant XL range offers last mile cargo transport solutions and will be available in all dealerships across India. With close to 2 million vehicles on the Ace platform, plying on the roads today, Tata Motors is the market leader in the segment.

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.