Meanwhile, the BSE Sensex was down 76.53 points, or 0.43%, to 17,754.22.
On BSE, 7.81 lakh shares were traded in the counter as against an average daily volume of 23.77 lakh shares in the past one quarter.
The stock hit a high of Rs 261.80 so far during the day, which is also a 52-week high for the counter. The stock had hit a low of Rs 255.90 so far during the day. The stock had hit a 52-week low of Rs 137.65 on 13 September 2011.
The stock had outperformed the market over the past one month until 9 February 2012, gaining 28.29% compared with the Sensex's 12.75% rise. The scrip had also outperformed the market in past one quarter, spurting 39.23% as against 2.70% rise in the Sensex.
India's largest commercial vehicle maker by sales has an equity capital of Rs 634.71 crore. Face value per share is Rs 2.
According to the report, the company has raised prices of all vehicle models, except for the Nano small car and the Aria multipurpose vehicle, by between Rs 7,000 and Rs 12,000.
Tata Motors' total sales rose 16% to 87,465 units in January 2012 over January 2011. The company announced the monthly sales data early this month.
The board of Tata Motors will meet on 14 February 2012, to consider Q3 December 2011 results. On a consolidated basis, Tata Motors' net profit fell 15.5% to Rs 1877.33 crore on 26.9% growth in net sales to Rs 35938.47 crore in Q2 September 2011 over Q2 September 2010.
Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also distributes Fiat cars in India, and has an industrial joint venture with Fiat in India. With over 6.5 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck manufacturer and the third largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America.