Tata Motors Passenger Vehicles Ltd.

Tata Motors is currently trading at Rs 392.85, up by 1.85 points or 0.47% from its previous closing of Rs. 391.00 on the BSE.

The scrip opened at Rs 400.00 and has touched a high and low of Rs 402.00 and Rs 387.15 respectively. So far 152450 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 405.00 on 28-Nov-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 403.60 and Rs 386.00 respectively. The current market cap of the company is Rs 107005.19 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’ subsidiary Jaguar Land Rover plans to open a new manufacturing facility in Brazil following a landmark agreement between the company and state authorities to build a plant in the state of Rio de Janeiro. Jaguar Land Rover’s planned expansion into Brazil is the next major step in the company’s strategy to increase its global manufacturing footprint and create additional capacity.

The construction of the premium manufacturing facility will commence in mid-2014. Based in the city of Itatiaia, the new programme represents a total investment of Brazilian Real 750m (£240m) by 2020. It is anticipated that the first vehicles will come off the assembly line in 2016, subject to the final approval of the plans from the Brazilian Federal Government under its Inovar-auto Programme. The new plant will have a capacity to build 24,000 vehicles annually for the Brazilian market.

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.