Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
343.90
-9.70 (-2.74%)
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Tata Motors shines on bagging order of 1,314 trucks from SVLL

Date: 20-09-2012

Tata Motors is currently trading at Rs. 276.95, up by 2.90 points or 1.06% from its previous closing of Rs. 274.05 on the BSE.

The scrip opened at Rs. 268.00 and has touched a high and low of Rs. 277.90 and Rs. 268.00 respectively. So far 594953 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. 142.50 on 26-Sep-2011.

Last one week high and low of the scrip stood at Rs. 289.30 and Rs. 257.80 respectively. The current market cap of the company is Rs. 74848.26 crore.

The promoters holding in the company stood at 34.71% while Institutions and Non-Institutions held 39.97% and 8.83% respectively.  

Tata Motors has bagged a record order of 1,314 trucks from Surat-based Siddhi Vinayak Logistics (SVLL), one of the largest corporate logistics service providers and one of the largest fleet owners in India. The order book value is estimated at around Rs 225 crore. Last year, the company had supplied 1,111 trucks to SVLL by March 31, 2012.

SVLL specializes in transportation by road of steel, cement and chemicals, apart from providing third party logistics. It operates across diverse segments like steel, cement, tractors, chemicals, machinery and is a pioneer in new segments like commercial vehicle chassis carriers, currently owns a fleet of 3928 commercial vehicles.