Tata Motors catches speed as its arm achieves retail sales of 123,483 vehicles in Q4
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Tata Motors is currently trading at Rs. 299.10, up by 12.50 points or 4.36% from its previous closing of Rs. 286.60 on the BSE.
The scrip opened at Rs. 287.70 and has touched a high and low of Rs. 301.90 and Rs. 280.55 respectively. So far 5950844 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 357.00 on 03-Mar-2021 and a 52 week low of Rs. 71.10 on 16-Apr-2020.
Last one week high and low of the scrip stood at Rs. 325.00 and Rs. 280.55 respectively. The current market cap of the company is Rs. 98447.13 crore.
The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 28.33% and 17.81% respectively.
Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has achieved retail sales of 123,483 vehicles in Q4 Fiscal 2020/21, 12.4% higher than the same quarter last year.
China sales were up 127% compared to a year ago when that market was heavily impacted by Covid-19. Sales in North America were also up year-on-year (+10.4%), while other regions remain lower than pre-Covid levels, including Overseas markets (-10.0%), the UK (-6.8%) and Europe (-4.9%).
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.
