Tata Motors trades higher on the bourses

Tata Motors Ltd. | Automobiles-Trucks/Lcv | Automobiles | BSE: 500570 | NSE: TATAMOTORS

16 Dec 2011 Evaluate

Tata Motors is currently trading at Rs. 178.60, up by 5.85 points or 3.39% from its previous closing of Rs. 172.75 on the BSE.

The scrip opened at Rs. 175.70 and has touched a high and low of Rs. 179.80 and Rs. 175.45 respectively. So far 13,91,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 274.40 on 22-Dec-2010 and a 52 week low of Rs. 137.65 on 13-Sep-2011.

Last one week high and low of the scrip stood at Rs. 187.95 and Rs. 167.75 respectively. The current market cap of the company is Rs. 48,069.00 crore.

The promoters holding in the company stood at 35.05% while Institutions and Non-Institutions held 37.31% and 9.16% respectively.

Tata Motors, country’s largest vehicle maker, has reported 35% increase in its global vehicle sales in November, with its luxury Jaguar Land Rover unit reporting a 27% rise in sales at 29,183 over the same period. In November, Tata, part of salt-to-steel Tata Group conglomerate, sold 108,028 vehicles.

The auto major has witnessed an increase of 40.64% in its total vehicle sales during November, 2011, at 76,823 units against 54,622 units in the same month last year. However, domestic sales of passenger vehicles stood at 27,737 units in November, up 80.81% from 15,340 units in the same month last year.