IGI Logo

Tata Motors is currently trading at Rs. 299.20, up by 3.80 points or 1.29% from its previous closing of Rs. 295.40 on the BSE.

The scrip opened at Rs. 295.35 and has touched a high and low of Rs. 299.70 and Rs. 295.35 respectively. So far 502441 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 357.00 on 03-Mar-2021 and a 52 week low of Rs. 74.80 on 27-Apr-2020.

Last one week high and low of the scrip stood at Rs. 302.50 and Rs. 290.75 respectively. The current market cap of the company is Rs. 99244.00 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 set in motion a business plan to protect and serve the interests of its customers, dealers and suppliers as the lockdowns enforced in various parts of the country are expected to impact vehicle demand temporarily. As per its 'Business Agility Plan', the company aims to maintain an ‘optimal level’ of stock with dealers to meet customer demand, depending on the market situation.

By carefully calibrating and matching supplies with retail demand, the company shall ensure that optimal levels of inventory are maintained with dealers to meet whatever customer demands arise and also be prepared for a rebound in demand once the situation returns to normalcy. The company would also continue to review and plan for the critical raw materials to cater to this volatile demand outlook and work closely with its vendor partners to meet the same.

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.