Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 289.15, up by 7.70 points or 2.74% from its previous closing of Rs. 281.45 on the BSE.

The scrip opened at Rs. 280.00 and has touched a high and low of Rs. 289.40 and Rs. 277.15 respectively. So far 442657 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. 289.40 and Rs. 263.10 respectively. The current market cap of the company is Rs. 78680.29 crore.

The promoters holding in the company stood at 34.71% while Institutions and Non-Institutions held 38.88% and 8.02% respectively.

Tata Motors, country’s largest car maker aims to launch one new model each year in the long-term. From past few years there are gaps in the company's product portfolio in the domestic passenger vehicle market so to fill this gap the company has decided to launch one new model each year.

This year, the company launched 8 new products, but all of them were only upgrades or variants of their existing products. The passenger car business in India has been hit hard over the last one year as customers are not purchasing new cars due to costly loans and rising fuel prices.

Tata Motors is India's largest automobile company, with consolidated revenues of Rs 165,654 crore ($32.5 billion) in 2011-12. It is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.