Tata Motors moves up as its arm launches first Pure EV `Punch.ev`
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Tata Motors is currently trading at Rs. 812.50, up by 6.95 points or 0.86% from its previous closing of Rs. 805.55 on the BSE.
The scrip opened at Rs. 808.00 and has touched a high and low of Rs. 818.55 and Rs. 796.85 respectively. So far 502112 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 827.00 on 16-Jan-2024 and a 52 week low of Rs. 400.00 on 19-Jan-2023.
Last one week high and low of the scrip stood at Rs. 827.00 and Rs. 796.85 respectively. The current market cap of the company is Rs. 269781.96 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' subsidiary -- Tata Passenger Electric Mobility (TPEM) has launched its first pure EV - the Punch.ev. First product based on its recently introduced, advanced Pure EV architecture - acti.ev, the Punch.ev transcends the ordinary with its cutting-edge technology, eco consciousness and cost-effective offering.
Available in three distinct personas - Smart, Adventure and Empowered, the Punch.ev is a versatile and multi-talented Electric Vehicle, elegantly packaged in a stunning, classical SUV design. Starting at an introductory price of Rs 10.99 lakh, the Punch.ev will be available at all Tata Motors showrooms authorized for EV sales and Tata.ev stores across the country.
The Punch.ev is a pioneering addition to TATA.ev’s portfolio, embodying the transformative shift in the needs and lifestyle of the contemporary customer. It combines the reliability of the Punch brand with the latest advancements in electric vehicle technology, offering an exceptional driving experience with zero emissions.
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.
