Tata Motors shares surge over 2 per cent on JLR global sales

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Updated: July 14, 2016 1:16:59 PM

Tata Motors shares surged over 2 per cent on Friday after its subsidiary - Jaguar Land Rover (JLR) posted 22 per cent jump in global retail sales to a record 2,91,556 units in the first half this year following robust demand in Europe and the UK.

tata motors share priceTata Motors shares surged over 2 per cent on Friday after its subsidiary – Jaguar Land Rover (JLR) posted 22 per cent jump in global retail sales to a record 2,91,556 units in the first half this year following robust demand in Europe and the UK.

Tata Motors shares surged over 2 per cent on Friday after its subsidiary – Jaguar Land Rover (JLR) posted 22 per cent jump in global retail sales to a record 2,91,556 units in the first half this year following robust demand in Europe and the UK.

At 3.05 pm, share price of the company was trading 2.20 per cent up at Rs 465.25. The scrip opened at Rs 463.25 and has touched a high and low of Rs 467.50 and Rs 462.90, respectively, in trade so far. Later, the scrip settled 2.19 per cent up at Rs 465.20.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 489.60 on 23-Jun-2016 and a 52 week low of Rs. 266.00 on 11-Feb-2016.

Last one week high and low of the scrip stood at Rs. 474.80 and Rs. 454.00 respectively. The current market cap of the company is Rs. 134615.87 crore.

The promoters holding in the company stood at 33.01 per cent, while Institutions and Non-Institutions held 41.30 per cent and 8.65 per cent respectively.

Over the past five years, Jaguar Land Rover has doubled sales and employment, more than tripled turnover, and invested over £12 billion in new product creation and capital expenditure.

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