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Tata Motors gains at its arm starts deliveries of new Range Rover Evoque, Discovery Sport

  • bitnet infotech
  • July 7, 2020
  • 7:19 am

Tata Motors is currently trading at Rs. 109.50, up by 0.50 points or 0.46% from its previous closing of Rs. 109.00 on the BSE.

The scrip opened at Rs. 110.00 and has touched a high and low of Rs. 112.60 and Rs. 108.05 respectively. So far 2708671 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 201.80 on 15-Jan-2020 and a 52 week low of Rs. 63.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 112.60 and Rs. 98.20 respectively. The current market cap of the company is Rs. 33608.02 crore.

The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 30.42% and 16.80% respectively.

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has started deliveries of BS-VI compliant petrol derivatives of new Range Rover Evoque and new Discovery Sport in India. The price of the new Range Rover Evoque starts at Rs 57.99 lakh, while that of Discovery Sport begins at Rs 59.99 lakh.

The two SUVS are powered by Ingenium 2.0 (litre) turbocharged petrol powertrain, producing power of 184 kW, which is supported by a 48-volt mild hybrid system. These are available in feature-rich ‘S’ and sportier ‘R-Dynamic SE’ variants. Besides, these SUVs have ‘Terrain Response 2’ feature for enhanced off-road capability, which automatically detects surface and adjusts torque delivery to best suit the conditions, enabling wading through rivers, climbing mountains and reaching unexplored places with ease.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

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