Tata Motors gains on launching the all-new ‘Tata Aria’

Tata Motors is currently trading at Rs. 432.40, up by 1.60 points or 0.37% from its previous closing of Rs. 430.80 on the BSE. The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 433.80 and Rs. 426.75 respectively. So far 31,000 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 435.00 on 10-Apr-2014 and a 52 week low of Rs. 263.10 on 27-Jun-2013. Last one week high and low of the scrip stood at Rs. 435.00 and Rs. 400.20 respectively. The current market cap of the company is Rs. 1,16,559.00 crore. The promoters holding in the company stood at 34.33% while Institutions and Non-Institutions held 36.89% and 7.53% respectively. Tata Motors has launched the all-new Aria in an exciting new avatar, with best-in-class performance and unmatched features at Rs 9.95 lakh (ex-showroom New Delhi). The vehicle is available in 3 trims levels - PURE LX, PLEASURE and PRIDE 4x4. It boasts state-of-the-art high-speed stability & safety features and a powerful new engine, making the all-new Aria perfect for every journey. The all-new Aria features a new 2.2 litre VARICOR engine, with a powerful output of 150PS and a high low-end torque of 320Nm for better pick-up and quick response, returning a fuel efficiency of 15.05km/litre (ARAI certified). The new engine with VGT (Variable-Geometry Turbocharger) is electronically controlled with a lower-end flat torque, which kicks in from as low as 1500 rpm, for a more precise response from the engine, improving in-city driving capabilities. Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.