Tata Motors gains on launching next-generation Tata PRIMA heavy trucks in Qatar

Tata Motors is currently trading at Rs. 448.40, up by 6.00 points or 1.36% from its previous closing of Rs. 442.40 on the BSE. The scrip opened at Rs. 445.00 and has touched a high and low of Rs. 448.00 and Rs. 444.10 respectively. So far 21,000 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 455.55 on 13-May-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. 455.55 and Rs. 419.40 respectively. The current market cap of the company is Rs. 1,20,843.00 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, India’s largest automobile manufacturer, has launched three new next-generation heavy trucks from its PRIMA range of commercial vehicles in Qatar, along with its partners, Al-Hamad Automobiles. The models introduced in Qatar are - Tata PRIMA 4438S (4X2) tractor head, Tata PRIMA 4038K (6X4) Construction tipper and Tata PRIMA 4738K (8X4) On & Off Road tipper. Having been extensively tested to confirm with standards of the Gulf region in terms of power, durability, payload, emissions and safety, these next-generation world-class trucks from Tata Motors, will continue to offer the Tata Motors advantage of lowest total cost of ownership to customers. 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.