Tata Motors rises on the bourses

07 Dec 2018 Evaluate

Tata Motors is currently trading at Rs. 162.65, up by 0.25 points or 0.15% from its previous closing of Rs. 162.40 on the BSE.

The scrip opened at Rs. 162.60 and has touched a high and low of Rs. 164.20 and Rs. 160.75 respectively. So far 720941 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 443.55 on 09-Jan-2018 and a 52 week low of Rs. 161.40 on 06-Dec-2018.

Last one week high and low of the scrip stood at Rs. 178.80 and Rs. 161.40 respectively. The current market cap of the company is Rs. 46948.29 crore.

The promoters holding in the company stood at 37.27%, while Institutions and Non-Institutions held 36.21% and 13.63% respectively.

Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has reported total retail sales of 48,160 vehicles in November 2018, down 8.0% year-on-year reflecting continuing challenging market conditions in China while other major markets were up.

Retail sales were up significantly in North America (18.1%) due to strong sales of Range Rover models in Jaguar Land Rover’s best ever November sales results in the market. Sales were also 5.6% higher in Europe and up 3.2% in the UK.

Sales in China were 50.7% lower than a year ago as market conditions remain difficult with continuing consumer uncertainty following tariff changes and trade concerns. Jaguar Land Rover continues to work closely with retailers in China to respond to the present market conditions.

Jaguar retail sales were 14,909 vehicles in November, up 8.9% year on year, driven by the introduction of the E-PACE and I-PACE, partially offset by lower sales of Jaguar sedans and the F-PACE.

Land Rover retailed 33,251 vehicles in November, down 14.0% year-on-year as strong sales of the refreshed Range Rover and Range Rover Sport were more than offset by lower sales of Discovery Sport, Discovery and Evoque, primarily in China. The latest Land Rover model, the all new Range Rover Evoque, was announced last month and will go on sale in 2019 with hybrid powertrain options.

Tata Motors Share Price

791.25 17.55 (2.27%)
22-Nov-2024 16:59 View Price Chart
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