Tata Motors rides high on rolling out 2,00,000th Nexon
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Tata Motors is currently trading at Rs. 350.10, up by 5.50 points or 1.60% from its previous closing of Rs. 344.60 on the BSE.
The scrip opened at Rs. 346.45 and has touched a high and low of Rs. 352.90 and Rs. 344.75 respectively. So far 1172209 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 358.80 on 09-Jun-2021 and a 52 week low of Rs. 92.00 on 16-Jun-2020.
Last one week high and low of the scrip stood at Rs. 358.80 and Rs. 337.35 respectively. The current market cap of the company is Rs. 116791.83 crore.
The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 25.69% and 17.10% respectively.
Tata Motors has rolled out the 2,00,000th Nexon from its Ranjangaon facility in Pune. Since the 150K roll out in November 2020, the last 50K units have been recorded in less than 6 months, with demand outpacing supply and production limited due to the pandemic. The Nexon is among the top 3 highest selling compact SUVs, in India and the company celebrates a new milestone in the brand’s journey as it grows in its popularity every month.
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.
