Tata Motors trades in green on the BSE

Tata Motors is currently trading at Rs. 238.50, up by 0.50 points or 0.21% from its previous closing of Rs. 238.00 on the BSE.

The scrip opened at Rs. 238.00 and has touched a high and low of Rs. 242.55 and Rs. 236.20 respectively. So far 1296433 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 320.60 on 20-Apr-2012 and a 52 week low of Rs. 137.65 on 13-Sep-2011.

Last one week high and low of the scrip stood at Rs. 247.80 and Rs. 226.00 respectively. The current market cap of the company is Rs. 64045.42 crore.

The promoters holding in the company stood at 34.81% while Institutions and Non-Institutions held 40.63% and 8.37% respectively.

Tata Motors is going to close down its commercial vehicle plant at Pune for three days on June 22, 23 and 24, to line up the production of vehicles with demand. The company has decided to give half day’s salary for each of the three days of the block closure. Prior to this, it had taken similar block closures in 2008 and 2009 shutting down production for three and five days, respectively.

The company’s total sales including exports of Tata commercial and passenger vehicles in May 2012 were 64,347 vehicles, higher by 4% over May 2011. The company’s domestic sales of Tata commercial and passenger vehicles for May 2012 were 60,128 units against 56,571 units sold in May last year, higher by 6%.