Tata Motors trades higher on launching Tiago NRG XT variant
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Tata Motors is currently trading at Rs. 471.20, up by 3.50 points or 0.75% from its previous closing of Rs. 467.70 on the BSE.
The scrip opened at Rs. 470.50 and has touched a high and low of Rs. 480.00 and Rs. 468.15 respectively. So far 108021 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. 268.50 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 480.90 and Rs. 444.35 respectively. The current market cap of the company is Rs. 155331.37 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 29.02% and 19.67% respectively.
Tata Motors has launched the Tiago NRG XT variant at Rs 6.42 lakh, in line with its New Forever philosophy and celebrating the first anniversary of Tiago NRG. The Tiago NRG since its launch has received a phenomenal response from its customers. Contributing to 15% of the Tiago petrol sales, it has been appreciated for its SUVish design, tough roader ability along with its best in segment safety rating (4 star by GNCAP).
With the addition of this new variant, the Tiago NRG will now be available in two trims - the Tiago XT NRG and the Tiago XZ NRG. Tata Motors also announced the upgradation of its existing Tiago XT variant with the addition of new features to make it a more exciting proposition.
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.
