Friday 9 October 2015

Tata Motors up 2%; JLR plan to invest US$2bn in Slovakia plant

Report says that Jaguar Land Rover (JLR), the British luxury car making subsidiary of Tata Motors, will invest about US$2 billion in Phase-I of its proposed manufacturing plant in the Republic of Slovakia.


Tata Motors JRL
Tata Motors stock is up by 2% at Rs. 348. 
Report says that Jaguar Land Rover (JLR), the British luxury car making subsidiary of Tata Motors, will invest about US$2 billion in Phase-I of its proposed manufacturing plant in the Republic of Slovakia.

The scrip opened at Rs. 345 and has touched a high and low of Rs. 349.35 and Rs. 341.15 respectively. So far 2830615(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 111305.63 crore.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 605.57 on 03-Feb-2015 and a 52 week low of Rs. 279.15 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 347.25 and Rs. 301.7 respectively.
The promoters holding in the company stood at 34.35 % while Institutions and Non-Institutions held 36.94 % and 7.32 % respectively.
The stock is currently trading below its 200 DMA.

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