Tata Motors moves up on launching Nexon Electric Vehicle Prime
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Tata Motors is currently trading at Rs. 434.20, up by 3.95 points or 0.92% from its previous closing of Rs. 430.25 on the BSE.
The scrip opened at Rs. 433.60 and has touched a high and low of Rs. 435.80 and Rs. 432.35 respectively. So far 56965 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. 268.50 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 443.80 and Rs. 419.20 respectively. The current market cap of the company is Rs. 142882.25 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 28.97% and 19.47% respectively.
Tata Motors has launched Nexon EV Prime priced between Rs 14.99 lakh and Rs 17.5 lakh (ex-showroom). The model range replaces the older version and now comes with various additional features like multi-mode regen, cruise control, indirect Tyre Pressure Monitoring System (iTPMS), smartwatch integrated connectivity feature, and enhanced charging timeout of 110 seconds. The company is also extending these new features to over 22,000 existing Nexon EV owners, through a first of its kind software update from the company.
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.
