Tata Motors catches speed on launching all-new Ace EV 1000

09 May 2024 Evaluate

Tata Motors is currently trading at Rs. 1029.10, up by 16.90 points or 1.67% from its previous closing of Rs. 1012.20 on the BSE.

The scrip opened at Rs. 1012.20 and has touched a high and low of Rs. 1042.95 and Rs. 1007.75 respectively. So far 1594220 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1065.60 on 05-Mar-2024 and a 52 week low of Rs. 504.45 on 10-May-2023.

Last one week high and low of the scrip stood at Rs. 1042.95 and Rs. 977.75 respectively. The current market cap of the company is Rs. 342178.93 crore.

The promoters holding in the company stood at 46.36%, while Institutions and Non-Institutions held 35.34% and 18.30% respectively.

Tata Motors has strengthened its e-cargo mobility solutions with the launch of the all-new Ace EV 1000. Developed to revolutionise last-mile mobility, this zero-emission mini-truck offers higher rated payload of 1 tonne and a certified range of 161km on a single charge. The Ace EV is developed with rich inputs from its customers and the new variant will address evolving needs from various sectors like FMCG, beverages, paints & lubricants, LPG & dairy.

Supported by over 150 Electric Vehicle Support Centres across the country, the Ace EV is equipped with an advanced battery management system, Fleet Edge telematics system and robust aggregates for best-in-class uptime. The Ace EV leverages the immense capabilities of the Tata UniEVerse, collaborating with relevant Tata Group companies, and partnering with country’s leading financiers to offer customers a holistic e-cargo mobility solution. It will be available with versatile cargo decks and will be on sale at all Tata Motors commercial vehicle dealerships across the country.

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.


Tata Motors Share Price

952.95 0.00 (0.00%)
18-May-2024 12:50 View Price Chart
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