Tata Motors soars on launching Nexon EV in Nepal
Tata Motors is currently trading at Rs. 293.75, up by 9.30 points or 3.27% from its previous closing of Rs. 284.45 on the BSE.
The scrip opened at Rs. 287.85 and has touched a high and low of Rs. 293.90 and Rs. 287.65 respectively. So far 416982 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 360.65 on 15-Jun-2021 and a 52 week low of Rs. 102.35 on 31-Jul-2020.
Last one week high and low of the scrip stood at Rs. 301.80 and Rs. 283.65 respectively. The current market cap of the company is Rs. 94446.15 crore.
The promoters holding in the company stood at 46.41%, while Institutions and Non-Institutions held 25.90% and 17.32% respectively.
Tata Motors has launched Nexon EV in Nepal. The Nexon EV will be available in three variants (XM, XZ+, and XZ+ Lux) and will come with a warranty of eight years or 1,60,000km (whichever is earlier) on the battery and three years 1,25,000 Km on the vehicle. The Nexon EV brings to its customers the most comprehensive ecosystem, ensuring complete peace of mind at the lowest cost of ownership.
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.