Tata Technologies moves up on getting selected as strategic supplier by Volvo Cars
Tata Technologies is currently trading at Rs. 734.65, up by 2.90 points or 0.40% from its previous closing of Rs. 731.75 on the BSE.
The scrip opened at Rs. 738.05 and has touched a high and low of Rs. 746.10 and Rs. 731.50 respectively. So far 5866 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1135.00 on 20-Sep-2024 and a 52 week low of Rs. 595.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 759.00 and Rs. 723.05 respectively. The current market cap of the company is Rs. 29684.79 crore.
The promoters holding in the company stood at 55.22%, while Institutions and Non-Institutions held 5.43% and 39.35% respectively.
Tata Technologies has been selected as a strategic supplier by Volvo Cars. Volvo Cars is reimagining mobility through electrification, software-defined vehicle (SDV) platforms, and intelligent in-car experiences. It has set out to shape the future of mobility with strong ambitions for sustainable growth, as it seeks to offer clients the freedom to move in a personal, sustainable and safe way. The company with its expertise in turnkey product engineering and digital transformation, will play a broader role in this journey. Building on an already trusted relationship, this expanded partnership will focus on product engineering, embedded software solutions, and Product Lifecycle Management (PLM) services. The company will support Volvo Cars from its global delivery hubs including Gothenburg -- its Automotive Centre of Excellence -- as well as India, Romania, and Poland.
The collaboration enhances Volvo Cars’ global engineering capacity, tapping into Tata Technologies’ deep domain expertise, scalable delivery models, and proven excellence in automotive transformation.
Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs) and their tier 1 suppliers.
