Tata Motors gains on as its arm JLR launches 2016 Range Rover Evoque in India

19 Nov 2015 Evaluate

Tata Motors is currently trading at Rs. 407.00, up by 1.55 points or 0.38% from its previous closing of Rs. 405.45 on the BSE.

The scrip opened at Rs. 410.20 and has touched a high and low of Rs. 410.20 and Rs. 403.50 respectively. So far 311466 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 605.57 on 03-Feb-2015 and a 52 week low of Rs. 279.15 on 29-Sep-2015.

Last one week high and low of the scrip stood at Rs. 417.25 and Rs. 394.25 respectively. The current market cap of the company is Rs. 117321.52 crore.

The promoters holding in the company stood at 33.01% while Institutions and Non-Institutions held 39.16% and 8.38% respectively.

Tata Motors’ subsidiary Jaguar Land Rover (JLR) has launched its 2016 Range Rover Evoque in India with prices starting at 47.10 lakh (ex-showroom Mumbai).  Due to the robust success of the original Evoque, designers at Land Rover decided against any significant changes to the new model.

Under the hood, the new Evoque gets the 2.2-litre DW12 engine which is good enough for 188bhp and develops 420Nm of torque from as low as 1750rpm. The car's engine is mated to a 9-speed autobox which includes Drive Select with Paddle shifters and a sport mode. The 9-speed gearbox is 7.5 kg lighter than its six-speed predecessor and helps in delivering a smoother drive.

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

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