Tata Motors moves up on bagging order for delivering 2000 XPRES T EVs to Evera

Tata Motors is currently trading at Rs. 400.20, up by 2.15 points or 0.54% from its previous closing of Rs. 398.05 on the BSE.

The scrip opened at Rs. 397.10 and has touched a high and low of Rs. 401.70 and Rs. 396.95 respectively. So far 91115 shares were traded on the counter.

tata motors groups global wholesales fall 15 in november
Tata Motors

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. 366.05 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 407.10 and Rs. 392.30 respectively. The current market cap of the company is Rs. 132734.42 crore.

The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 29.02% and 19.67% respectively.

Tata Motors has signed an agreement with Evera, one of the earliest EV only – ride hailing platform in Delhi NCR region, for delivering 2,000 XPRES T EVs. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator.

In July 2021, Tata Motors launched the XPRES brand, exclusively for fleet customers and XPRES-T EV is the first vehicle under this brand. The XPRES-T electric sedan comes with 2 range options – 213km and 165km (ARAI certified range under test conditions).

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.