Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
360.15
3.70 (1.04%)
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Tata Motors speeds up on inking pact with Total Lubrifiants

Date: 08-01-2014

Tata Motors is currently trading at Rs. 369.00, up by 3.70 points or 1.01 % from its previous closing of Rs. 365.30 on the BSE.

The scrip opened at Rs. 367.00 and has touched a high and low of Rs. 369.25 and Rs. 363.00 respectively. So far 105276 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. 378.70 and Rs. 360.05 respectively. The current market cap of the company is Rs. 100847.61 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, India’s largest automobile manufacturer, has entered into a tie up with Total Lubrifiants for after-market service of commercial vehicles in parts of Africa. As per the partnership, Total Lubrifiants will supply its branded lubricants and special products across the Tata Motors sales and service points in African markets other than South Africa. The main aim of this agreement is to ensure the right oil grade for stringent lubrication requirements of Tata Motors commercial vehicles. Total Lubrifiants will also jointly support in the modernisation of Tata Motors workshops across Africa.

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.