Tata Motors is currently trading at Rs 1251.00, up by 11.80 points or 0.95% from its previous closing of Rs 1239.20 on the BSE.
The scrip opened at Rs 1240.00 and has touched a high and low of Rs 1258.00 and Rs 1239.80 respectively. So far 63172 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1381.40 on 06-Dec-2010 and a 52 week low of Rs 670.00 on 25-May-2010.
Last one week high and low of the scrip stood at Rs 1258.00 and Rs 1145.20 respectively. The current market cap of the company is Rs 67082.27 crore.
The promoters holding in the company stood at 34.93% while Institutions and Non-Institutions held 38.16% and 8.67% respectively. Tata Motors, India's largest automobile company, is investing around 50 million pounds in its research and development base in the Midlands over the next two years, in a vote of confidence for UK manufacturing.
The company is planning to hire 100 new engineers at the Tata Motors' European Technical Centre (TMETC), thereby boosting the workforce by more than 40% to 340, as the company steps up its focus on low-carbon technologies. TMETC has developed Tata's Vista electric vehicle and the Pixel city car, which the company is targeting at European drivers.
The centre is based at the University of Warwick and is operated in partnership with WMG, formerly known as the Warwick Manufacturing Group. Tata has invested 85 million pounds since incorporating TMETC in 2005.
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