Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs. 385.70, up by 5.50 points or 1.45% from its previous closing of Rs. 380.20 on the BSE.

The scrip opened at Rs. 382.50 and has touched a high and low of Rs. 389.85 and Rs. 382.50 respectively. So far 113325 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 393.00 on 14-Oct-2013 and a 52 week low of Rs. 252.10 on 05-Apr-2013.

Last one week high and low of the scrip stood at Rs. 386.40 and Rs. 372.80 respectively. The current market cap of the company is Rs. 105595.79 crore.

The promoters holding in the company stood at 34.33% while Institutions and Non-Institutions held 38.42% and 7.51% respectively.

Tata Motors has received the Reserve Bank of India’s (RBI’s) approval to increase Foreign Institutional Investor (FII) investment limit through differential voting right shares up to 75%. However, the FII limit for ordinary shares of the company will remain unchanged at 35%. Under the scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India. The RBI permission comes after the boards of companies approve hiking FII investment limit.

Tata Motors is India's largest automobile company, 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.