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01-01-1970 12:00 AM | Source: Accord Fintech
Tata Motors inches up on opening bookings of Altroz iCNG
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Tata Motors is currently trading at Rs. 473.10, up by 0.15 points or 0.03% from its previous closing of Rs. 472.95 on the BSE.

The scrip opened at Rs. 472.95 and has touched a high and low of Rs. 475.60 and Rs. 471.35 respectively. So far 229735 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.50 on 17-Aug-2022 and a 52 week low of Rs. 366.05 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 483.50 and Rs. 463.05 respectively. The current market cap of the company is Rs. 157269.43 crore.

The promoters holding in the company stood at 46.39%, while Institutions and Non-Institutions held 29.25% and 20.10% respectively.

Tata Motors has opened bookings of the Altroz iCNG, India’s first twin cylinder CNG technology. Tata Altroz, which is India’s safest premium hatchback is open for bookings in its much awaited iCNG avatar, from April 19, 2023.  With this vehicle, Tata Motors aims at increasing the acceptance of CNG cars in India, similar to petrol and diesel cars.

The Altroz iCNG was unveiled at the Auto Expo 2023 in January 2023 and it received a tremendous response from customer for being India’s first twin cylinder CNG technology - a revolutionary technology bringing practical usable boot space to CNG owners, a feature that is unavailable in all current CNG cars. Customers can now book the Altroz iCNG at Rs 21,000. With deliveries commencing in May 2023, the Altroz iCNG is a strong testament to Tata Motors’ successful multi-powertrain strategy, making it the fourth powertrain option in the Altroz range now.

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.