Tata Motors zooms as its Group global wholesales up 13% in Q3FY23
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Tata Motors is currently trading at Rs. 413.80, up by 24.40 points or 6.27% from its previous closing of Rs. 389.40 on the BSE.
The scrip opened at Rs. 399.30 and has touched a high and low of Rs. 415.80 and Rs. 399.30 respectively. So far 911627 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. 415.80 and Rs. 381.00 respectively. The current market cap of the company is Rs. 137169.29 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 Group global wholesales in Q3FY23, including Jaguar Land Rover, were at 3,22,556 nos., higher by 13%, as compared to Q3FY22. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q3FY23 were at 97,956 nos., lower by 5%, over Q3FY22. Global wholesales of all passenger vehicles in Q3FY23 were at 2,24,600 nos., higher by 23% as compared to Q3FY22.
Global wholesales for Jaguar Land Rover were 92,345 vehicles (JLR number for Q3FY23 includes CJLR volumes of 12,754 units). Jaguar wholesales for the quarter were 16,275 vehicles, while Land Rover wholesales for the quarter were 76,070 vehicles.
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.
