Monday, November 09, 2020

Tata Motors gains on aiming widest portfolio of SUV in domestic market

Tata Motors is currently trading at Rs. 140.00, up by 1.10 points or 0.79% from its previous closing of Rs. 138.90 on the BSE.

The scrip opened at Rs. 140.35 and has touched a high and low of Rs. 141.05 and Rs. 139.65 respectively. So far 328289 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 201.80 on 15-Jan-2020 and a 52 week low of Rs. 63.60 on 24-Mar-2020.


Last one week high and low of the scrip stood at Rs. 142.25 and Rs. 131.10 respectively. The current market cap of the company is Rs. 42905.82 crore.

The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 29.06% and 18.10% respectively.

Tata Motors is aiming to have the widest portfolio of sports utility vehicles (SUVs) in the domestic market, a move aimed at helping the company muster greater market share in the passenger vehicle segment. The auto major, which currently sells models like Nexon and Harrier in the SUV segment, is also looking to overhaul its entire sales, aftersales and service verticals to enhance the overall buying experience for customers.

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.

Watch our Stock Market Target Calls Quality, Track sheet – Click Here or Subscribe us for Stock Market Trading >>>> Stock Cash Tips

No comments:

Post a Comment

Yes Bank at Rs 11 or Rs 30? Here's the stock outlook after 50% rally in two months

  Market experts expect that both investors to bring in vast experience and expertise in the financial domain to handhold Yes Bank for its n...