Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
324.25
-3.55 (-1.08%)
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Tata Motors rises on signing MoU with Wise Travel India

Date: 07-03-2019

Tata Motors is currently trading at Rs. 191.00, up by 2.45 points or 1.30% from its previous closing of Rs. 188.55 on the BSE.

The scrip opened at Rs. 191.90 and has touched a high and low of Rs. 192.75 and Rs. 187.90 respectively. So far 765057 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 372.40 on 05-Apr-2018 and a 52 week low of Rs. 141.90 on 08-Feb-2019.

Last one week high and low of the scrip stood at Rs. 198.30 and Rs. 177.35 respectively. The current market cap of the company is Rs. 54657.51 crore.

The promoters holding in the company stood at 37.27%, while Institutions and Non-Institutions held 36.46% and 14.73% respectively.

Tata Motors has signed a Memorandum of Understanding (MoU) with Wise Travel India (WTi), to deploy Tigor Electric Vehicles (EVs) in New Delhi. WTi one of the largest and the fastest growing company in People Ground Transportation space catering to B2B customers, will deploy the Tigor EVs in their fleet at Delhi, reinforcing its commitment to service clients while enhancing sustainability. The first batch of Tigor EVs was handed over by the Tata Motors team to Wise Travel India officials, at Concorde Motors, Lajpat Nagar, New Delhi.

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.