Tata Motors zooms after launching first trials of hydrogen-powered heavy-duty trucks
Tata Motors is currently trading at Rs 637.50, up by 18.35 points or 2.96% from its previous closing of Rs 619.15 on the BSE.
The scrip opened at Rs 619.00 and has touched a high and low of Rs 637.80 and Rs 618.75 respectively. So far 330005 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 606.20 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs 665.80 and Rs 606.20 respectively. The current market cap of the company is Rs 233737.11 crore.
The promoters holding in the company stood at 42.58%, while Institutions and Non-Institutions held 35.47% and 21.96% respectively.
Tata Motors has launched the first-ever trials of hydrogen-powered heavy-duty trucks. Through this pioneering initiative, the company underscores its commitment to leading the charge in sustainable mobility solutions, aligning with India’s broader green energy goals. It was awarded the tender for this trial, which is funded by the Ministry of New and Renewable Energy under the National Green Hydrogen Mission. It marks a significant step forward in assessing the real-world commercial viability of using hydrogen powered vehicles for long distance haulage as well as setting-up the requisite enabling infrastructure for their seamless operation.
The trial phase will span up to 24 months and involves deployment of 16 advanced hydrogen-powered vehicles with varying configurations and payload capacities. These trucks, equipped with new age Hydrogen Internal Combustion Engines (H2-ICE) and Fuel Cell (H2-FCEV) technologies, will be tested on India’s most prominent freight routes, including those around Mumbai, Pune, Delhi-NCR, Surat, Vadodara, Jamshedpur and Kalinganagar.
The flagged-off vehicles exemplify Tata Motors’ comprehensive approach to hydrogen mobility, displaying both Hydrogen Internal Combustion Engine (H2ICE) and Hydrogen Fuel Cell Electric Vehicle (FCEV) technologies. This includes two Tata Prima. H.55S prime movers, one powered by H2ICE and the other by FCEV, alongside the Tata Prima H.28, an advanced H2ICE truck.
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.
