Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 424.90, up by 1.50 points or 0.35% from its previous closing of Rs. 423.40 on the BSE.

The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 426.00 and Rs. 420.70 respectively. So far 132293 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 571.05 on 10-Oct-2016 and a 52 week low of Rs. 357.95 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 428.25 and Rs. 397.95 respectively. The current market cap of the company is Rs. 122452.45 crore.

The promoters holding in the company stood at 34.73%, while Institutions and Non-Institutions held 39.59% and 25.68% respectively.

Tata Motors has signed a Memorandum of Understanding (MoU) with Srei Equipment Finance, a wholly owned subsidiary of Srei Infrastructure Finance. The MoU is to finance commercial vehicles with a special focus on construction and mining tippers.

The preferred financier agreement would allow both Srei and Tata Motors to explore enhanced growth prospects in the heavy-duty tipper truck segment in the country.

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.