Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 288.25, up by 2.10 points or 0.73% from its previous closing of Rs. 286.15 on the BSE.

The scrip opened at Rs. 285.00 and has touched a high and low of Rs. 290.75 and Rs. 285.00 respectively. So far 4, 56,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 337.05 on 10-Jan-2013 and a 52 week low of Rs. 202.95 on 26-Jul-2012.

Last one week high and low of the scrip stood at Rs. 300.45 and Rs. 270.15 respectively. The current market cap of the company is Rs. 78,050 crore.

The promoters holding in the company stood at 34.72% while Institutions and Non-Institutions held 40.51% and 8.10% respectively.

Tata Motors, country’s largest automobile company, has rolled out 10,000 Tata ACE Zips from its Dharwad plant located at Karnataka. The Dharwad plant had commenced its operations in March last year and produces small commercial vehicles - Tata Ace Zip and Tata Magic IRIS.

The Dharwad plant spans across an area of 405 acres and was established entailing an investment of Rs 900 crore. The capacity of the plant is 90,000 units per year which will be achieved in phases.

Tata Ace Zip is a micro truck with a payload of 600 kg for deep-penetration door-to-door goods movement.