Tata Motors moves up as its arm launches all-new Nexon.ev
Tata Motors is currently trading at Rs. 634.80, up by 10.45 points or 1.67% from its previous closing of Rs. 624.35 on the BSE.
The scrip opened at Rs. 628.90 and has touched a high and low of Rs. 636.45 and Rs. 627.60 respectively. So far 229906 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 665.30 on 26-Jul-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. 639.75 and Rs. 615.60 respectively. The current market cap of the company is Rs. 210834.24 crore.
The promoters holding in the company stood at 46.39%, while Institutions and Non-Institutions held 35.23% and 16.99% respectively.
Tata Motors’ subsidiary -- Tata Passenger Electric Mobility has launched the all-new Nexon.ev. A trail blazer by legacy, this latest avatar of India’s bestselling EV marks a significant leap forward for the entire Indian auto industry. A bold digital design language; a futuristic, tech-inspired drive experience; and introduction of several intuitive and innovative features, easily accessible via gadgets; hallmarks the new Nexon.ev as a real game changer.
Built on the Tata.ev brand values of Sustainability, Community and Technology, the Nexon.ev is available in three distinct personas - Empowered, Fearless and Creative, representing the personalities and lifestyles of its audience. Available from an introductory starting price of Rs 14.74 lakh, the Nexon.ev will be retailed from authorized dealerships across the country.
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.