Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 320.30, up by 2.35 points or 0.74% from its previous closing of Rs. 317.95 on the BSE.

The scrip opened at Rs. 320.00 and has touched a high and low of Rs. 321.65 and Rs. 317.40 respectively. So far 265729 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 321.65 on 03-Jan-2013 and a 52 week low of Rs. 193.10 on 04-Jan-2012.

Last one week high and low of the scrip stood at Rs. 321.65 and Rs. 304.55 respectively. The current market cap of the company is Rs. 86778.41 crore.

The promoters holding in the company stood at 34.74% while Institutions and Non-Institutions held 40.38% and 8.47% respectively.  

Tata Motors, which produces the Indica brand of hatchbacks, Indigo sedans and the entry level car Nano, has launched a new format of passenger car showrooms and will upgrade 4-5 more such showrooms in the metros during this quarter. These showrooms comprise of video wall, wi-fi capable lounges, merchandising of accessories and lifestyle products, a cafe and play areas for kids.

At present, the company has 1,000 sales points and 900 service points in the country at present. Recently, the company’s total sales (including exports) of Tata commercial and passenger vehicles in December 2012 were 65,582 vehicles as against 82,278 vehicles in same month last year, registering a fall of 20.29%.