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Tata Motors surges on reporting 6% growth in global wholesales in September

Udaipur Kiran 2018-10-10 09:43:56

Tata Motors is currently trading at Rs. 186.75, up by 2.50 points or 1.36% from its previous closing of Rs. 184.25 on the BSE.

The scrip opened at Rs. 186.00 and has touched a high and low of Rs. 190.70 and Rs. 185.00 respectively. So far 65832 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 466.95 on 06-Nov-2017 and a 52 week low of Rs. 170.65 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 230.65 and Rs. 170.65 respectively. The current market cap of the company is Rs. 53199.39 crore.

The promoters holding in the company stood at 36.37%, while Institutions and Non-Institutions held 36.97% and 12.92% respectively.

Tata Motors Group global wholesales in September 2018, including Jaguar Land Rover, stood at 1,23,577 units, higher by 6%, as compared to September 2017. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in September 2018 were at 52,018 units, higher by 25%, over September 2017.

Global wholesales of all passenger vehicles in September 2018 were at 71,559 units, lower by 4%, compared to September 2017.

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.