Tata Motors rises on bagging order of 1000 buses from Haryana Roadways
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Tata Motors is currently trading at Rs. 424.55, up by 0.85 points or 0.20% from its previous closing of Rs. 423.70 on the BSE.
The scrip opened at Rs. 423.55 and has touched a high and low of Rs. 425.70 and Rs. 422.10 respectively. So far 217773 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 534.35 on 18-Nov-2021 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. 438.50 and Rs. 419.70 respectively. The current market cap of the company is Rs. 141170.44 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 29.02% and 19.68% respectively.
Tata Motors has bagged a prestigious order of 1000 buses from Haryana Roadways. The company will supply the 52-seater fully built BS6 diesel buses in a phased manner, as per the contract. Tata Motors buses offer superior passenger comfort, high fuel efficiency, reliability and low total cost of ownership. The e-bidding process was carried out through the Government tender process.
Tata Motors commercial vehicles are designed and engineered on the ‘Power of 6’ philosophy, which delivers unparalleled driveability, total cost of operations, comfort and convenience, and connectivity. Tata Motors also offers its flagship initiative, Sampoorna Seva, a bouquet of service offerings including Repair Time Assurance, Breakdown Assistance, Insurance and Accidental Repair Time, Extended Warranty, and other add-on services for vehicle maintenance and upkeep.
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.
