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Published on 3/03/2021 11:56:32 AM | Source: Accord Fintech

Tata Motors rides high after delivering 100 Safari units in Delhi/NCR in single day

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Tata Motors is currently trading at Rs. 351.85, up by 6.15 points or 1.78% from its previous closing of Rs. 345.70 on the BSE.

The scrip opened at Rs. 348.70 and has touched a high and low of Rs. 356.20 and Rs. 347.50 respectively. So far 2268948 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 356.20 on 03-Mar-2021 and a 52 week low of Rs. 63.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 356.20 and Rs. 318.80 respectively. The current market cap of the company is Rs. 116758.62 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 has delivered 100 units of the new Safari in Delhi/NCR in a single day. The majority of the customers have chosen the XZA+ trim.

The company has introduced the SUV with introductory prices ranging from Rs 14.69 lakh and Rs 21.45 lakh. The new Safari is based on the D8 platform from Land Rover which allows for further drive train enhancements including all-wheel drive and possibilities of electrification in future. The company's Harrier SUV is also based on the same D8 platform.

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.

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