08-12-2022 11:57 AM | Source: Accord Fintech
Tata Motors rides high on rolling out 1,00,000th unit of Tata Punch
News By Tags | #420 #572 #141

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Tata Motors is currently trading at Rs. 479.70, up by 3.05 points or 0.64% from its previous closing of Rs. 476.65 on the BSE.

The scrip opened at Rs. 475.55 and has touched a high and low of Rs. 480.90 and Rs. 470.00 respectively. So far 413875 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. 484.25 and Rs. 463.50 respectively. The current market cap of the company is Rs. 159349.99 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 rolled out the 1,00,000th unit of Tata Punch, India’s first sub-compact SUV, from its manufacturing facility in Pune. The Tata Punch has set a new benchmark in the industry, by becoming the first SUV to achieve this milestone in a span of 10 months, since its launch in October 2021. It has received a phenomenal response from customers for its stunning design, robust performance and best-in-class 5 star safety.

Tata Punch is the youngest member of the ‘New Forever’ range and comes with remarkable features such as a 7-inch touchscreen system, digital instrument cluster, auto AC, automatic headlights, connected car tech, and cruise control. Offering the agility of a hatch with the DNA of an SUV, Tata Punch has been a part of top 10 highest-selling cars in India consistently.

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.