Tata Motors inches up on reporting highest-ever monthly retail sales in November
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Tata Motors is currently trading at Rs. 715.80, up by 0.50 points or 0.07 % from its previous closing of Rs. 715.30 on the BSE.
The scrip opened at Rs. 716.80 and has touched a high and low of Rs. 719.00 and Rs. 713.70 respectively. So far 91308 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 727.50 on 08-Dec-2023 and a 52 week low of Rs. 375.50 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 727.50 and Rs. 707.60 respectively. The current market cap of the company is Rs. 237731.91 crore.
The promoters holding in the company stood at 46.38%, while Institutions and Non-Institutions held 35.92% and 17.70% respectively.
Tata Motors has recorded its highest-ever monthly retail sales in November on the back of robust demand for its sports utility vehicles amid the festive period. The automaker retailed around 53,000 units in November, which was 8% higher as compared to October this year and 30% up as compared to sales in November 2022.
The company also witnessed strong sales performance in the 47 days long festive period this year with registrations of around 79,374 units, up 18% over the same period of last year.
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.
