IGI Logo

Tata Motors is currently trading at Rs. 474.75, up by 4.25 points or 0.90% from its previous closing of Rs. 470.50 on the BSE.

The scrip opened at Rs. 476.45 and has touched a high and low of Rs. 478.10 and Rs. 473.75 respectively. So far 167950 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. 163.35 on 23-Dec-2020.

Last one week high and low of the scrip stood at Rs. 496.05 and Rs. 440.00 respectively. The current market cap of the company is Rs. 156231.98 crore.

The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 26.80% and 18.23% respectively.

Tata Motors has incorporated a wholly owned subsidiary, viz., Tata Passenger Electric Mobility (TPEML). TPEML has been incorporated with authorized capital of 70,00,00,000 equity shares of Rs 10 each aggregating to Rs 700 crore. The entire paid-up share capital will be held by the company.

TPEML has been incorporated to manufacture, design, develop all kinds of services related to electric vehicles/electric mobility, hybrid electric vehicles of all kinds and all descriptions for carrying passengers or other personnel, whether propelled, moved, drawn or assisted by means of electricity, battery, solar energy, or any other power devices whatsoever; engines, motors, parts, components, accessories and related equipment thereof, as well as activities required for establishing and undertaking the assembly, manufacture, fabrication, sales, after sales services, marketing, promoting and/or servicing facilities.

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.