Tata Motors inches up on launching India`s first CNG-powered M&HCV trucks
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Tata Motors is currently trading at Rs. 460.00, up by 1.00 points or 0.22% from its previous closing of Rs. 459.00 on the BSE.
The scrip opened at Rs. 462.30 and has touched a high and low of Rs. 463.75 and Rs. 459.10 respectively. So far 140432 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. 291.00 on 07-Sep-2021.
Last one week high and low of the scrip stood at Rs. 474.40 and Rs. 457.20 respectively. The current market cap of the company is Rs. 152724.24 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 29.02% and 19.67% respectively.
Tata Motors has launched India’s first CNG-powered Medium & Heavy Commercial Vehicle (M&HCV) trucks that are equipped with advanced driver assistance System (ADAS). A new series of advanced Intermediate & Light Commercial Vehicle (I&LCV) tippers and trucks were also launched to service the evolving multi-application needs, especially of the rapidly growing logistics and infrastructure sectors.
Developed and innovatively engineered to cater to the evolving needs of cargo and construction transportation across segments and applications, the state-of-the-art trucks launched, further enhance Tata Motors’ established ‘Power of 6’ benefit proposition aimed at delivering higher productivity and lower total cost of ownership (TCO) driving fleet profitability. The M&HCV and I&LCV range of trucks from Tata Motors come equipped with Fleet Edge, the next-gen digital solution for optimal fleet management.
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.
