Friday 9 May 2014

Tata Motors speeds up on BSE

Tata Motors is currently trading at Rs. 423.35, up by 1.20 points or 0.28 % from its previous closing of Rs. 422.15 on the BSE.
The scrip opened at Rs. 424.25 and has touched a high and low of Rs. 424.85 and Rs. 419.40 respectively. So far 83375 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. 424.00 and Rs. 409.00 respectively. The current market cap of the company is Rs. 115502.98 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, the country’s largest auto major, will enhance customer purchase experience at dealerships. The company in association with its channel partners has announced a major recruitment drive, hiring a workforce of over 3,000 staff across all Tata Motors full range dealerships nationally. The company has taken this step after the imminent launch of the much awaited compact sedan, Zest and dynamic hatchback, Bolt.
The company and dealers, will shortlist and recruit candidates who will be given roles such as Customer Advisors, Team Leaders and Sales Managers, across more than 200 dealerships. Prospective candidates will be extensively evaluated through a newly introduced recruitment process wherein they would undergo aptitude and psychometric test. These tests, exclusively developed with help from experts in this field, will measure the candidate’s orientation towards sales.
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.

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