Tata Motors rises on launching new Tigor.ev sedan
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Tata Motors is currently trading at Rs. 427.20, up by 2.55 points or 0.60% from its previous closing of Rs. 424.65 on the BSE.
The scrip opened at Rs. 426.10 and has touched a high and low of Rs. 429.25 and Rs. 425.85 respectively. So far 431119 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 528.35 on 18-Jan-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. 429.25 and Rs. 419.70 respectively. The current market cap of the company is Rs. 142100.40 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 29.02% and 19.68% respectively.
In line with its New Forever philosophy, Tata Motors has launched the new Tigor.ev sedan with an extended range of 315 km (ARAI certified) and host of premium & technology features. Now available in a new Magnetic Red color option, the Tigor.ev accentuates the feeling of luxury and comfort with new additions like Leatherette upholstery, Leather wrapped steering wheel, Rain Sensing wipers, Auto Headlamps and Cruise Control. It also offers more tech experience to customers with smart enhancements like Multi-Mode Regen, Connected Car Technology- Zconnect, Smartwatch Connectivity, iTPMS and Tyre Puncture Repair Kit which will be offered as standard across the range.
As done with the Nexon EV Prime, the company is extending a free of cost feature update pack to current Tigor.ev owners through a software update. Customers can get their vehicles upgraded with Multi-Mode Regeneration, iTPMS and Tyre Puncture Repair Kit. Additionally, the existing XZ+ and XZ+ DT customers can also get a Smartwatch connectivity upgrade. This service can be availed by visiting any Tata Motors’ authorized service center starting December 20, 2022.
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.
