Wednesday 30 April 2014

Tata Motors moves up on the bourses

Tata Motors is currently trading at Rs. 414.85, up by 5.70 points or 1.39% from its previous closing of Rs. 409.15 on the BSE.
The scrip opened at Rs. 412.75 and has touched a high and low of Rs. 418.00 and Rs. 412.65 respectively. So far 93287 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 437.70 on 11-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. 433.40 and Rs. 408.10 respectively. The current market cap of the company is Rs. 113546.23 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’ subsidiary Jaguar Land Rover (JLR), the UK’s leading manufacturer of premium vehicles, has received a prestigious 2014 Queen’s Award for Enterprise in International Trade, reflecting sustained sales success driven by global exports to over 170 countries. The award is conferred for outstanding overseas sales growth over the last three years.
Exports account for 80% of all vehicles Jaguar Land Rover produces at its three UK manufacturing plants. In 2013, the company sold 425,006 vehicles, up 19% on the previous year. Jaguar Land Rover’s largest export regions are mainland Europe, North America and China, together accounting for 60% of all export sales. 
In addition, the company’s share of vehicle sales in regions beyond its traditional major markets in the UK, US and Europe has increased from below 15% in 2008 to more than 40% now, as it has focused on driving a balanced global sales presence.

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