Tata Motors trades higher as its arm commences bookings for new Range Rover SV in India
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Tata Motors is currently trading at Rs. 499.70, up by 9.30 points or 1.90% from its previous closing of Rs. 490.40 on the BSE.
The scrip opened at Rs. 481.90 and has touched a high and low of Rs. 502.50 and Rs. 477.50 respectively. So far 820275 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. 255.55 on 01-Feb-2021.
Last one week high and low of the scrip stood at Rs. 523.05 and Rs. 467.60 respectively. The current market cap of the company is Rs. 162925.57 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 28.35% and 17.98% respectively.
Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has commenced bookings for new Range Rover SV in India with a choice of design themes, details and materials. The model comes with a new 4.4-litre twin-turbo petrol engine, which delivers a power of 390 kW and torque of 750 Nm and a 3-litre diesel power train that delivers a power of 258 kW and torque of 700 Nm. The SUV will be available in both standard and long-wheelbase (LWB) body designs, including a five-seat LWB configuration for the first time.
LWB customers also have the option of specifying the four-seat SV Signature Suite with an electrically deployable club table and integrated refrigerator. The new Range Rover SV adds more luxury and personalisation options thus, enabling company’s clients to create a truly individual Range Rover that embodies their own character and personality.
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.
