Tata Motors is currently trading at Rs. 182.20, up by 2.00 points or 1.11% from its previous closing of Rs. 180.20 on the BSE.
The scrip opened at Rs. 181.45 and has touched a high and low of Rs. 184.50 and Rs. 180.45 respectively. So far 927947 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 239.30 on 18-Apr-2019 and a 52 week low of Rs. 106.00 on 04-Sep-2019.
Last one week high and low of the scrip stood at Rs. 184.50 and Rs. 162.70 respectively. The current market cap of the company is Rs. 53112.78 crore.
The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 33.04% and 14.02% respectively.
Tata Motors is expecting commercial vehicle (CV) business to remain in slow lane for the next few months and witness turnaround only by the second half of the next fiscal. With demand expected to remain muted, the company aims to go slow in introducing BS-VI compliant CVs in the domestic market. The growth in CV industry is related to the country's economy.
The transition to BS-VI in passenger vehicles (PV) is on track, the company is going to be slow in introducing upgraded CVs in the market due to low demand.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.
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