Tata Motors gains on partnering with IndusInd Bank
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Tata Motors is currently trading at Rs. 308.65, up by 2.30 points or 0.75% from its previous closing of Rs. 306.35 on the BSE.
The scrip opened at Rs. 309.90 and has touched a high and low of Rs. 311.90 and Rs. 306.55 respectively. So far 2931799 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 360.65 on 15-Jun-2021 and a 52 week low of Rs. 100.65 on 16-Jul-2020.
Last one week high and low of the scrip stood at Rs. 358.10 and Rs. 302.00 respectively. The current market cap of the company is Rs. 102497.90 crore.
The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 25.69% and 17.10% respectively.
In an effort to make its New Forever range of Tata Motors cars and UVs more accessible in these challenging times, Tata Motors has rolled out exciting finance offers for its passenger vehicle customers in collaboration with IndusInd Bank. The company has been partnering with banks to provide lucrative offers for its customers.
As part of this partnership with IndusInd Bank, the Company will provide the Step Up scheme where the customers can choose and buy from the safest range of passenger cars in the country, with a special low EMI option scheme for the first 3-6 months.
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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