Tata Motors catches speed as its arm starts bookings for new Range Rover in India

Tata Motors is currently trading at Rs. 507.70, up by 6.45 points or 1.29% from its previous closing of Rs. 501.25 on the BSE.

The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 511.80 and Rs. 503.40 respectively. So far 567455 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 536.50 on 17-Nov-2021 and a 52 week low of Rs. 224.05 on 12-Jan-2021.

Last one week high and low of the scrip stood at Rs. 511.80 and Rs. 477.25 respectively. The current market cap of the company is Rs. 168985.68 crore.

The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 26.80% and 18.23% respectively.

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has commenced bookings for the all-new Range Rover in the country. The new Range Rover, with prices starting from Rs 2.31 crore (ex-showroom India), is now available for bookings. The Range Rover sits at the pinnacle of luxury SUVs in India and the new fifth generation Range Rover ups the desirability quotient significantly higher. The model comes with three powertrain options — 3 litre diesel, 3 litre petrol and new 4.4 litre petrol.

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.

Leave a Comment