Tata Motors rises on launching commercial vehicles range in Egypt
Tata Motors is currently trading at Rs. 728.55, up by 10.60 points or 1.48% from its previous closing of Rs. 717.95 on the BSE.
The scrip opened at Rs. 724.40 and has touched a high and low of Rs. 728.55 and Rs. 719.90 respectively. So far 194742 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. 542.55 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 738.00 and Rs. 715.00 respectively. The current market cap of the company is Rs. 265746.36 crore.
The promoters holding in the company stood at 42.58%, while Institutions and Non-Institutions held 35.04% and 22.39% respectively.
Tata Motors along with MM Group for Industry and International Trade (MTI) has launched its commercial vehicles range in Egypt. Designed to address the country’s growing mobility needs across cargo and passenger segments, the diverse portfolio, including Tata Xenon, Ultra T.7, Ultra T.9, Prima 3328.K, Prima 4438.S, Prima 6038.S, and LP 613 bus will support Egypt’s infrastructure growth, rising urbanization, and expanding logistics sector. The launch marks a significant step forward in Tata Motors’ commitment to the market, combining global expertise with a customer-centric approach to deliver reliable, efficient, and future-ready solutions.
Along with its advanced vehicles, customers will benefit from value-added services designed to ensure hassle-free ownership and superior lifecycle management. This includes an extended warranty of up to 5 years or 150,000 km on the Tata Xenon and the Ultra range, along with a Scheduled Service Package. Coupled with MTI’s strategically located service touchpoints, customers will also enjoy wide access to affordable spare parts and timely support, ensuring maximum vehicle uptime.
Tata Motors offers a wide commercial vehicle portfolio in over 40 countries, spanning sub-1-tonne to 60-tonne cargo vehicles and 9-seater to 71-seater mass mobility solutions. Backed by Tata Motors’ advanced R&D capabilities, these vehicles are robustly engineered and rigorously tested to suit local market requirements and terrain.
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.
