Tata Motors rises on bagging order for 1000 XPRES-T EVs from OHM E Logistics
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Tata Motors is currently trading at Rs. 419.50, up by 0.40 points or 0.10% from its previous closing of Rs. 419.10 on the BSE.
The scrip opened at Rs. 419.70 and has touched a high and low of Rs. 420.50 and Rs. 417.00 respectively. So far 50276 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. 422.55 and Rs. 405.50 respectively. The current market cap of the company is Rs. 139031.47 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 received an order for providing 1000 XPRES-T EVs to OHM E Logistics in Hyderabad, for their electric cab transportation services. These cars will be delivered to OHM E Logistics in a phased manner.
The XPRES-T EVs offer an optimal battery size, captive fast charging solution, which ensures outstandingly low cost of ownership in addition to safety and passenger comfort, making it a comprehensive and attractive proposition for fleet owners and operators.
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.
