Tata Motors inches up on launching Altroz iCNG
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Tata Motors is currently trading at Rs. 523.55, up by 1.20 points or 0.23% from its previous closing of Rs. 522.35 on the BSE.
The scrip opened at Rs. 521.55 and has touched a high and low of Rs. 524.35 and Rs. 521.55 respectively. So far 33942 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 537.15 on 15-May-2023 and a 52 week low of Rs. 375.50 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 526.95 and Rs. 504.75 respectively. The current market cap of the company is Rs. 173494.59 crore.
The promoters holding in the company stood at 46.39%, while Institutions and Non-Institutions held 33.17% and 18.86% respectively.
Tata Motors has launched Altroz iCNG equipped with India’s first twin-cylinder CNG technology at an introductory price of Rs 7.55 lakh (All-India, Ex-Showroom). With deep understanding of its customer’s needs, Tata Motors has developed an industry-first CNG technology, the Altroz iCNG, which offers no compromise on boot space and comes with best-in-class features that ensure customers enjoy all the comfort and luxury of a premium hatchback.
The Altroz iCNG comes equipped with advance features such as Voice-assisted Electric Sunroof, Wireless charger and Air purifier. After the success of iCNG in Tiago and Tigor, the Altroz iCNG is the third CNG offering in the personal segment only.
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.
