Tata Motors declines on reporting marginal fall in total sales in October
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Tata Motors is currently trading at Rs. 820.00, down by -23.60 points or 2.80% from its previous closing of Rs. 843.60 on the BSE.
The scrip opened at Rs. 843.45 and has touched a high and low of Rs. 843.90 and Rs. 814.85 respectively. So far 1062721 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1179.05 on 30-Jul-2024 and a 52 week low of Rs. 641.25 on 08-Nov-2023.
Last one week high and low of the scrip stood at Rs. 886.85 and Rs. 814.85 respectively. The current market cap of the company is Rs. 301381.20 crore.
The promoters holding in the company stood at 42.58%, while Institutions and Non-Institutions held 36.91% and 20.49% respectively.
Tata Motors has reported marginal fall in total sales (domestic & international market) at 82,682 units in October as compared with 82,954 units in the same month last year. The total domestic sales stood at 80,839 units in October against 80,825 units in the year-ago period.
Sales of passenger vehicles, including electric vehicles, in the domestic market, were stood at 48,131 units as compared to 48,337 units in the year-ago month. Total commercial vehicle sales, in the domestic market, were stood at 34,259 units as compared to 34,317 units in the year-ago month.
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.
